Other people s perspectives on new institutional economics, theories and methods of new institutiona

The theories and methods of new institutional economics are as follows:

New institutional economics includes four basic theories: transaction cost theory, property rights theory, enterprise theory, and institutional change theory.

On the one hand, the new institutionalism inherits the tradition of the institutional school, flaunts institutional analysis and structural analysis, and advocates reform on the basis of the existing capitalist ownership of the means of production. On the other hand, in light of the new political and economic conditions after the end of the Second World War, it paid more attention to the practical problems of capitalism than the institutional schools of the past, criticized the shortcomings of capitalism, and put forward more concrete policy proposals. It is also much broader in terms of policy objectives and values.

Economic law is a legal discipline that takes economic law as the research object and focuses on the study of the emergence and development of economic law. As an important emerging discipline, economic law occupies an important position in the legal system, which is directly related to the important position of economic law in the modern national legal system.

In a general sense, economic law is a general term for the legal norms that regulate specific social relations formed under the conditions of a modern market economy. As an important legal department, economic law is an important component of the legal system of modern Yanzen countries. It is precisely in the process of studying the laws governing the emergence and development of economic law that economic law has been born and developed.

Compared with the traditional sectoral laws in the legal systems of various countries, economic law, which is the object of economic law research, was produced relatively late. Scholars generally believe that economic law in the modern sense came into being after capitalism entered the monopoly stage from the stage of free competition, and is embodied in the laws enacted in the United States, Germany and other countries in the late 19th and early 20th centuries to regulate market competition, such as the Sherman Act of 1890 and the Anti-Unfair Competition Act of Germany in 1896.

In addition, some "wartime control laws" produced during the First World War, such as Germany's 1919 Coal Economy Act, also reflected the state's intervention and coordination of market economic activities. The above-mentioned new types of legislation aroused the strong interest of researchers, so German scholars began to call it "economic law", and put forward a variety of views and theories about economic law, and gradually formed a new economic law.

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I'm glad to answer for you, try to analyze the relationship between microeconomics and new institutional economics: microeconomics is the study of the behavior and decision-making of individual economic agents, such as firms, consumers, etc., as well as the operating mechanism and efficiency of the market. It focuses on micro-level issues such as the formation of the market, supply and demand, and consumer decision-making.

New institutional economics, on the other hand, studies the impact of institutions on economic behavior and performance. It emphasizes the normative role of institutions in economic activities, including institutional arrangements in terms of laws, rules, contracts, etc. New institutional economics not only studies market mechanisms, but also considers the impact of non-market mechanisms on economic behavior.

Try to analyze the relationship between microeconomics and new institutional economics.

Dear <> will be happy to answer for you, please try to analyze the relationship between microeconomics and new institutional economics: microeconomics is the study of the behavior and decision-making of individual economic leaders, such as enterprises, consumers, etc., as well as the operating mechanism and efficiency of the market. It focuses on micro-level issues such as the formation of the market, supply and demand, and consumer decision-making.

New institutional economics, on the other hand, studies the impact of institutions on economic behavior and performance. It emphasizes the normative role of institutions in economic activities, including institutional arrangements in terms of laws, rules, contracts, etc. New institutional economics not only studies market mechanisms, but also considers the influence of non-market mechanisms on economic behavior.

<>Although microeconomics and new institutional economics have differences in their research methods and methods, they also have some things in common. First of all, both focus on the behavior and decision-making of economic agents, and the individual hole decision-making of microeconomics research can be analyzed as a behavior model in the new institutional economics. Second, the new institutional economics emphasizes the impact of institutions on economic activities, and these institutions often involve the operation of market mechanisms, so the two can complement each other to some extent and jointly explain economic behaviors and economic phenomena.

It is recommended to read the textbook "New Institutional Economics".

Similarities: The research method of the new institutional economics system is the research method of neoclassical Bai economics.

Different points: New institutional economics focuses on the practical problems of economic life and advocates seeking answers to solve problems through detailed investigation of facts.

Neoclassical economics places too much emphasis on the formalization, mathematization, and abstraction of research.