Evolution of ecological financial market from the perspective of institutional economics
<p>In the market economy the “actors” act according to rules of the game – the institutions – which impose certain restrictions on their behavior, making it more predictable for the other participants, reduce risk and uncertainty, and furthermore lowers transaction costs, etc. Institutions can...
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Format: | Article |
Language: | English |
Published: |
Nicolaus Copernicus University in Toruń
2014-04-01
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Series: | Copernican Journal of Finance & Accounting |
Subjects: | |
Online Access: | https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/3275 |