Chapter

Rational Peasants, Efficient Institutions, and a Theory of Rural Organization: Methodological Remarks for Development Economics

Joseph E. Stiglitz

in The Economic Theory of Agrarian Institutions

Published in print December 1991 | ISBN: 9780198287629
Published online November 2003 | e-ISBN: 9780191595912 | DOI: http://dx.doi.org/10.1093/0198287623.003.0002

Series: Clarendon Paperbacks

 Rational Peasants, Efficient Institutions, and a Theory of Rural Organization: Methodological Remarks for Development Economics

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Discusses functional but imperfect institutions, peasant rationality, the nature and role of markets, and the role of history.

Keywords: competition; history; incomplete information; markets; peasants; rationality

Chapter.  5432 words. 

Subjects: Economic Development and Growth

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