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Revista de Economía Institucional

Print version ISSN 0124-5996

Abstract

CARDENAS, Ernesto  and  OJEDA, Jaír. NEW INSTITUTIONAL ECONOMICS AND IMPLEMENTATION THEORY. Rev.econ.inst. [online]. 2002, vol.4, n.6, pp.153-169. ISSN 0124-5996.

This paper shows how some of the most important concepts of the New Institutional Economics (NIE) can be expressed in terms of Implementation Theory (IT). First, it explains some of the expressions used by the NIE, such as institutions, transaction costs, property rights and methodological individualism. Afterwards, it gives a wide definition of the IT in order to establish correspondences between both theories.

Keywords : New Institutional Economics; Implementation Theory; transaction costs; property rights; methodological individualism.

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