Open AccessNirmal Sengupta. A New Institutional Theory of Production: An Application. New Delhi: Sage Publications, 2001. Hardbound. Indian Rs 495.00.
Author(s) -
Aban Haq
Publication year - 2002
Publication title -
pakistan development review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.154
H-Index - 26
ISSN - 0030-9729
DOI - 10.30541/v41i2pp.196-198
Subject(s) - new delhi , sociology , production (economics) , social science , economics , history , microeconomics , archaeology , metropolitan area
Human interactive behaviour is determined by certain norms andaccepted codes of conduct at all levels of social contact. These rulesof behaviour define the parameters of social institutions such asmarriage and family. However, behavioural patterns hold importance notonly at personal levels but also in the life of a community or society.Resultantly, we observe the evolution of institutions in all spheres ofeconomic and social significance. Due to their complexity and intricacy,institutions have found the interest of all social scientists, eachanalysing it under his/her own respective microscope.