Transactions and legal institutionalism: part II – contracts, money, applications

AbstractPart I of this article reviews major differences in definitions of the transaction concept by leading authors and some of the difficulties involved in its usage. Part II takes steps towards a new approach, starting with the legal notion of a contract. This identifies a narrower and more spec...

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Bibliographic Details
Main Author: Geoff Hodgson
Format: Default Article
Published: 2025
Subjects:
Applied economics
Policy and administration
JEL B52
JEL K42
JEL O17
Contracts
Contracting costs
Formal institutions
Legal institutionalism
Money
Moral motivation
Transaction costs
Online Access:https://hdl.handle.net/2134/30104785.v1
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