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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Bibliographic Details
Main Authors: Michał Moszyński, Marcelina Więckowska
Format: Article
Language:English
Published: Nicolaus Copernicus University in Toruń 2014-04-01
Series:Copernican Journal of Finance & Accounting
Subjects:
Online Access:https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/3275