History, Methodological Reflections and Contemporary Applications
by
Sjoerd Beugelsdijk, Robbert Maseland
Language: English
Release Date: December 23, 2010
Many economists now accept that informal institutions and culture play a crucial role in economic outcomes. Driven by the work of economists like Nobel laureates Douglass North and Gary Becker, there is an important body of work that invokes cultural and institutional factors to build a more comprehensive...