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Toward a Comparative Institutional Analysis
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In this book Professor Aoki does a remarkable job of animating recent developments in the theory of contracts and institutions. This theory is used to explain the form and structure of diverse institutions, ranging from the regulation of irrigation systems in Tokugawa Japan to the rise of Silicon Valley. This book is an astounding achievement that is sure to become a classic. -- W. Bentley MacLeod, Professor of Economics and Law, University of Southern California This book has an outstanding intellectual sweep, covering game theory and abstract economics on the one hand, and a wide diversity of anthropological examples and illustrations from the real world, on the other. -- Kaushik Basu, Professor of Economics and Carl Marks Professor, Cornell University If the new institutional economics is to realize its promise, it must go beyond the description, insights, and hypotheses so far developed and turn them into a systematic theoretical framework. Masahiko Aoki's Towards a Comparative Institutional Analysis takes us a long way in doing just that. -- Douglass C. North, Department of Economics, University of Washington St. Louis

About the Author

Masahiko Aoki is Henri H. and Tomoye Takahashi Professor of Japanese Studies in the Department of Economics at Stanford University.

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"This book has an outstanding intellectual sweep, covering game theory and abstract economics on the one hand, and a wide diversity of anthropological examples and illustrations from the real world, on the other." --Kaushik Basu, Professor of Economics and Carl Marks Professor, Cornell University; "In this book Professor Aoki does a remarkable job of animating recent developments in the theory of contracts and institutions. This theory is used to explain the form and structure of diverse institutions, ranging from the regulation of irrigation systems in Tokugawa, Japan, to the rise of Silicon Valley. This book is an astounding achievement that is sure to become a classic." --W. Bentley MacLeod, Professor of Economics and Law, University of Southern California

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