New institutional economics
id:
new-institutional-economics-259-4656960
title:
New institutional economics
text:
New Institutional Economics (NIE) is an economic perspective that attempts to extend economics by focusing on the institutions that underlie economic activity and with analysis beyond earlier institutional economics and neoclassical economics. The NIE assume that individuals are rational and that they seek to maximize their preferences, but that they also have cognitive limitations, lack complete information and have difficulties monitoring and enforcing agreements. As a result, institutions for
brand slug:
wiki
category slug:
encyclopedia
description:
Economic perspective
original url:
https://en.wikipedia.org/wiki/New_institutional_economics
date created:
date modified:
2024-04-12T20:27:36Z
main entity:
{"identifier":"Q1420933","url":"https://www.wikidata.org/entity/Q1420933"}
image:
fields total:
13
integrity:
14