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2012-2013 Catalog 
    
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2012-2013 Catalog [ARCHIVED CATALOG]

ECON 316 - Seminar in Transaction Cost Economics

(3)
An examination of the role played by transaction costs in the design and evolution of human institutions. Applications drawn from economics, environmental science, management, political science, and sociology show that many aspects of economic, political and social institutions can be understood as outcomes of transaction cost economizing. Relies heavily on readings from original sources. Prerequisite: ECON 101 or 102. Spring.