A Research Agenda for New Institutional Economics
Abstract: This paper summarizes the content of a new book (A Research Agenda for New Institutional Economics, Edward Elgar, 2019) that explores priority issues for future research in new institutional economics. Drawing on a diverse group of authors, most from a newer generation of institutionalists, this Research Agenda consists of 30 brief essays probing issues at the forefront of NIE, including government, contracts, property rights, norms, culture, and beliefs. Essays also examine emerging questions underexplored by NIE, areas where new technology and evolving circumstances raise novel issues, and tools, techniques, and approaches, such as how to measure institutions, use experiments, and exploit big data and machine learning.
