The Making of Economic Policy: A Transaction-Cost Politics Perspective

The Making of Economic Policy A Transaction Cost Politics Perspective This work is a tour de force of the kind we have come to expect from Avinash Dixit Using the basic ideas of transactions cost theory he simultaneously analyzes much of current literature and provides

  • Title: The Making of Economic Policy: A Transaction-Cost Politics Perspective
  • Author: Avinash K. Dixit
  • ISBN: 9780262540988
  • Page: 275
  • Format: Paperback
  • This work is a tour de force of the kind we have come to expect from Avinash Dixit Using the basic ideas of transactions cost theory, he simultaneously analyzes much of current literature and provides his own insights in to the theory of economic policy formulation The work is sure to be a standard reference in the burgeoning field of political economy Anne O Krue This work is a tour de force of the kind we have come to expect from Avinash Dixit Using the basic ideas of transactions cost theory, he simultaneously analyzes much of current literature and provides his own insights in to the theory of economic policy formulation The work is sure to be a standard reference in the burgeoning field of political economy Anne O Krueger, Professor of Economics, Stanford University The Making of Economic Policy begins by observing that most countries trade policies are so blatantly contrary to all the prescriptions of the economist that there is no way to understand this discrepancy except by delving into the politics The same is true for many other dimensions of economic policy.

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    1. Avinash Kamalakar Dixit born August 6, 1944 in Bombay, India is an Indian American economist He is currently John J F Sherrerd 52 University Professor of Economics Emeritus at Princeton University, Distinguished Adjunct Professor of Economics at Lingnan University Hong Kong and Senior Research Fellow at Nuffield College, Oxford.Dixit received a B.Sc from Bombay University in 1963 in Mathematics and Physics, a B.A from Cambridge University in 1965 in Mathematics Corpus Christi College, First Class , and a Ph.D in 1968 from the Massachusetts Institute of Technology in Economics.Dixit has been the John J F Sherrerd 52 University Professor of Economics at Princeton University since July 1989 He is also Distinguished Adjunct Professor of Economics at Lingnan University Hong Kong and Senior Research Fellow at Nuffield College, Oxford He previously taught at Massachusetts Institute of Technology, at the University of California, Berkeley, at Balliol College, Oxford and at the University of Warwick In 1994 Dixit received the first ever CES Fellow Award from the Center for Economic Studies at the University of Munich.Dixit has also held visiting scholar positions at the International Monetary Fund and the Russell Sage Foundation He was President of the Econometric Society in 2001, and was Vice President 2002 and President 2008 of the American Economic Association He was elected to the American Academy of Arts and Sciences in 1992 and the National Academy of Sciences in 2005.With Robert Pindyck he is author of Investment Under Uncertainty Princeton University Press, 1994 ISBN 0691034109 , the first text book exclusively about the real options approach to investments, and described as a born classic in view of its importance to the theory from

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