First published in 1993. Routledge is an imprint of Taylor & Francis, an informa company.

The principal findings of experimental economics are that impersonal exchange in markets converges in repeated interaction to the equilibrium states implied by

An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis

Consists of original and rev. versions of papers presented at a conference at Airlie House in Virginia, Mar. 1983. Includes bibliographies and index.

This book is an examination of the nature of economic explanation. The opening chapters introduce current thinking in the philosophy of science and review the l