It takes the average reader 8 hours and 33 minutes to read Toward a Comparative Institutional Analysis by Masahiko Aoki
Assuming a reading speed of 250 words per minute. Learn more
A conceptual and analytical framework for understanding economic institutions and institutional change. Markets are one of the most salient institutions produced by humans, and economists have traditionally analyzed the workings of the market mechanism. Recently, however, economists and others have begun to appreciate the many institution-related events and phenomena that have a significant impact on economic performance. Examples include the demise of the communist states, the emergence of Silicon Valley and e-commerce, the European currency unification, and the East Asian financial crises. In this book Masahiko Aoki uses modern game theory to develop a conceptual and analytical framework for understanding issues related to economic institutions. The wide-ranging discussion considers how institutions evolve, why their overall arrangements are robust and diverse across economies, and why they do or do not change in response to environmental factors such as technological progress, global market integration, and demographic change.
Toward a Comparative Institutional Analysis by Masahiko Aoki is 498 pages long, and a total of 128,484 words.
This makes it 168% the length of the average book. It also has 157% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 11 hours and 42 minutes to read Toward a Comparative Institutional Analysis aloud.
Toward a Comparative Institutional Analysis is suitable for students ages 12 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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