A New Institutional Economics Perspective on Industry Self-Regulation 2012th Edition

A New Institutional Economics Perspective on Industry Self-Regulation 2012th Edition book cover

A New Institutional Economics Perspective on Industry Self-Regulation 2012th Edition

Author(s): Jan Sammeck (Author)

  • Publisher: Gabler Verlag
  • Publication Date: 29 Nov. 2011
  • Edition: 2012th
  • Language: English
  • Print length: 188 pages
  • ISBN-10: 3834935417
  • ISBN-13: 9783834935410

Book Description

The idea of self-regulation as an instrument capable of mitigating socially undesirable practices in industries – such as corruption, environmental degradation, or the violation of human rights – is receiving substantial consideration in theory and practice. By approaching this phenomenon with the theory of the New Institutional Economics, Jan Sammeck develops an analytical approach that points out the critical mechanisms which decide about the effectiveness of this instrument. By integrating theory with practical examples of self-regulation, this study highlights the necessity to look at the institutional incentives of an industry, in order to come to a sound judgement about the feasibility and effectiveness of this instrument in a given situation.

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From the Back Cover

The idea of self-regulation as an instrument capable of mitigating socially undesirable practices in industries – such as corruption, environmental degradation, or the violation of human rights – is receiving substantial consideration in theory and practice. By approaching this phenomenon with the theory of the New Institutional Economics, Jan Sammeck develops an analytical approach that points out the critical mechanisms which decide about the effectiveness of this instrument. By integrating theory with practical examples of self-regulation, this study highlights the necessity to look at the institutional incentives of an industry, in order to come to a sound judgement about the feasibility and effectiveness of this instrument in a given situation.

About the Author

Jan Sammeck is a research associate at the Dr. Werner Jackstädt Chair of Economic and Business Ethics at Handelshochschule Leipzig, where he also obtained his doctorate.

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