It takes the average reader 1 hour and 38 minutes to read Institutional Economics by Bernard Chavance
Assuming a reading speed of 250 words per minute. Learn more
This introduction to institutional economics, follows the history of the field since the early 20th century until the present day. It concentrates on influential authors in the main schools of institutional economics. Institutional economics is defined as economic thought that considers institutions to be relevant for economic theory, and consequently criticizes the neoclassical mainstream for having pushed them out of the discipline; it deals specially with the nature, the origin, the change of institutions, and their effects on economic performance. It is a family of different theories that were initially influential in economics, then lost much of their weight in the middle half of the 20th century, and eventually recovered significant creative vitality and impact in the last twenty years. The book puts the recent developments in historical perspective by showing how important themes like the importance of habits, the role of formal and informal rules, the relation of organizations and institutions, the hierarchy and complementarity of institutions, the evolutionary character of institutional change, have been explored by various authors or schools.
Institutional Economics by Bernard Chavance is 96 pages long, and a total of 24,576 words.
This makes it 32% the length of the average book. It also has 30% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 2 hours and 14 minutes to read Institutional Economics aloud.
Institutional Economics is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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