MillenniumPost

The Nobel Series : Economics & public policy

28 Nov 2020 10:41 PM IST
Exploring the continuing relevance of the Nobel Prize for Economics and the varied impact of its awardees on public policy decisions worldwide

New Institutional Economics : Discussing rational choice

21 Nov 2020 11:26 PM IST
Exploring another core concept of NIE, the concept of rationality and its evolution as a part of the neoclassical economic model

New Institutional Economics: Resolving collective action dilemmas

7 Nov 2020 10:52 PM IST
With the failure of the neoclassical model in addressing the supply of public goods and common-pool resources, NIE offers the necessary tools to...

New Institutional Economics: Defining asymmetric information

31 Oct 2020 10:52 PM IST
Exploring another core component of the NIE+ framework — the issue of asymmetric and incomplete information — while also identifying its role in the...

New Institutional Economics: Exploring property rights

24 Oct 2020 10:54 PM IST
An in-depth look at one of the core concepts in the NIE+ framework — property rights — and discussing the many empirical and theoretical approaches to...

New Institutional Economics : Understanding transaction costs

10 Oct 2020 10:27 PM IST
Revisiting one of the central concepts in the NIE+ framework — the theory of transaction costs and highlighting the methods of measuring such costs

Water conservation dilemma-II

3 Oct 2020 10:56 PM IST
In part two, NIE+ framework is being used to address the myriad of complications that affect the water policies and suggest policy solutions

Water conservation dilemma-I

26 Sept 2020 9:17 PM IST
The first of the two-part article uses NIE+ framework to analyse the many recurring problems that plague the water sector across the world

New Institutional Economics : Climate change conundrum

19 Sept 2020 10:19 PM IST
NIE+ framework is being used to address the increasingly pertinent yet stagnant issue of climate change

New Institutional Economics : The WTO imbroglio

5 Sept 2020 9:20 PM IST
NIE+ framework is being used to analyse the presently faltering trajectory of the WTO and suggest a potential way out

Finding common ground

29 Aug 2020 11:27 PM IST
NIE+ framework is being used to analyse and address the financial instability worldwide as a result of the ongoing pandemic

New Institutional Economics : Identifying social capital-II

8 Aug 2020 9:57 PM IST
Integrating social capital into New Institutional Economics framework to derive the NIE+ framework in order to analyse public and social policy issues
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