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Competition among Institutions - Luder Gerken

Competition among Institutions

By: Luder Gerken (Editor)

Hardcover Published: 6th November 1995
ISBN: 9780333642047
Number Of Pages: 332

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On the brink of the 21st century, the highly-developed economies of Europe and North America are facing similar problems: the density of regulations constraining economic activity has increased considerably and the public share of the gross national product has augmented rapidly. Economists generally accept that competition discloses knowledge, enhances efficiency and restrains power. However, these effects of competition have so far been discussed mainly with respect to economic markets in which firms and households compete within a given set of institutions, that is within a given legal order. The question arises whether competition may also have comparable effects on the institutional level in the sense of competition among legal orders and thus serve as an antidote to today's problems. This book addresses some of the fundamental aspects associated with institutional competition and identifies some possible lines for further research on how institutions can compete to bring about social and economic change.

Introduction - Acknowledgements - Notes on the Contributors - Institutional Competition; L.Gerken - PART ONE - Evolution within Constraints; W.Kerber & V.Vanberg - Causes for Changes of Political Economic Regimes; P.Bernholz - Legal Experiences with Competition among Institutions; C.Engel - International Migration and Institutional Competition: An Application of Hayek's Evolutionary Theory; P.Welter - Competition among Legal Institutions: Implications for the Evolution of Law; B.L.Benson - Competitions of Socio-economic Institutions: in Search of Winners; P.Pelikan - PART TWO - Competition among Jurisdictions: The Idea of Focj; B.S.Frey & R.Eichenberger - The European Market for Protectionism: New Competitors and New Products; A.Freytag - Liberty, Competition and the Rise of Coercion in American Federalism; J.Kincaid - Standardization: The Evolution of Institutions versus Government Intervention; G.Knieps - Transformation of the Economic System in the Russian Federation: What Role for Competition among Regional Governments?; M.Lucke - Index

ISBN: 9780333642047
ISBN-10: 033364204X
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 332
Published: 6th November 1995
Publisher: Palgrave Macmillan
Country of Publication: GB
Dimensions (cm): 21.6 x 14.0  x 3.1
Weight (kg): 0.59
Edition Number: 1