Choudhury, Saswati (2009): Information asymmetry and institutions: re-looking at autonomous councils in the hills district of Assam.
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The transaction cost approach can be used as a tool for studying the political institutions which engage in sharing of power and responsibilities. This paper makes an attempt to present an analytical framework of governance structure in the Autonomous Councils in the two hills districts of Karbi Anglong and N.C. Hills in the State of Assam. The first section of the paper gives a brief introduction to the theoretical framework of the transaction cost and information asymmetry and moral hazard problem. In the next section, these concepts are examined in the context of the autonomous councils in the hills district.
|Item Type:||MPRA Paper|
|Original Title:||Information asymmetry and institutions: re-looking at autonomous councils in the hills district of Assam|
|Keywords:||Information Asymmetry, Moral Hazard, principal, agent,|
|Subjects:||B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches > B52 - Institutional; Evolutionary|
|Depositing User:||Saswati Choudhury|
|Date Deposited:||11. May 2011 12:30|
|Last Modified:||18. Feb 2013 11:39|
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