Institutional Change and Economic Behaviour

1. Front Matter

   Pages i-xxi

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2. The Great Transformation of Central Eastern Europe: Success and Disappointment

   • János Kornai

   Pages 1-37

3. Transformation in China

   • Qian Yingyi, Wu Jinglian

   Pages 38-63

4. Institutional Causes of Economic Underdevelopment in the Middle East: a Historical Perspective

   • Timur Kuran

   Pages 64-76

5. Understanding the Great Changes in the World: Gaining Ground and Losing Ground since World War II

   • Edmund S. Phelps

   Pages 77-98

6. The Schumpeterian Approach to Education and Growth

   • Philippe Aghion

   Pages 99-112

7. Analysing Institutional Change: Integrating Endogenous and Exogenous Views

   • Masahiko Aoki

   Pages 113-133

8. Fast-Moving and Slow-Moving Institutions

   • Gérard Roland

   Pages 134-159

9. The Endowment Effect and the Origin of Private Property

   • Herbert Gintis

   Pages 160-177

10. The Complex Evolution of a Simple Traffic Convention: the Functions and Implications of Habit

    • Geoffrey M. Hodgson, Thorbjørn Knudsen

    Pages 178-199

11. Implications of Behavioural Game Theory for Neoclassical Economic Theory

    • Herbert Gintis

    Pages 200-214

12. Back Matter

    Pages 215-223

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This book explores institutional change and economic behaviour by examining the transition process in the former socialist countries that joined the EU in 2004, looking at the growth occurring in China, offering a historical perspective on economic underdevelopment in the Middle East, and discussing the neo-classical paradigm.

• China
• economic theory
• game theory
• Schumpeter
• traffic
• transformation

• Harvard University, USA

  János Kornai

• Central European University and Collegium, Budapest, Hungary

  János Kornai

• Central European University, Budapest, Hungary

  László Mátyás

• University of California, Berkeley, USA

  Gérard Roland

PHILIPPE AGHION Harvard University, USA MASAHIKO AOKI Stanford University, USA KEN BINMORE University College London, UK HERBERT GINTIS University of Massachusetts, USA; Sante Fe Institute, USA GEOFFREY M. HODGSON University of Hertfordshire Business School, UK THORBJØRN KNUDSEN University of Southern Denmark, Denmark TIMUR KURAN University of Tokyo, Japan EDMUND S. PHELPS Cornell University, USA YINGYI QIAN University of California, Berkeley, USA JOE SWIERZBINSKI University of Aberdeen Business School, UK JINGLIAN WU Development Research Center, Beijing, China; China-Europe International Business School, Shanghai, China

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