'Highly accessible to a
general audience interested in Japanese political economy in comparative perspective ...
The book's many insights on the possibilities for structural reform in Japan and
transitional economies as well as a breadth of references to recent cutting-edge works in
the field of economics - concisely written to appeal to the nonspecialist reader - makes
Information a must-read for academics and policymakers considering the futures of
transitional economies worldwide.' The Journal of Asian Studies
This book uses differences
in firm and market regulation and organization to explain differences in national economic
performance. These differences affect the way in which firms process information, which is
crucial to performance. Applying game theory, contract theory, and information theory,
Aoki describes the rules and conventions in Japan, the USA, and the transitional
economies. He shows how firms can achieveDSand in the case of Japan, maintainDScompetitive
advantage in international markets.
Readership: Economists and other social scientists (lawyers, sociologists, political
scientists) who are interested in comparative systems and institutional economics.
Students, general readers interested in Japan, diversity in capitalism, institutions,
corporate governance, or the impacts of information technology on the economy.
Table of Contents
1 What is Comparative
Institutional Analysis?
2 . Organizational Diversity
and Comparative Informational Efficiency
3 The Evolutionary Game and
Multiple Equilibria
4 Institutional
Complementarity and Corporate Governance
5 The Main Bank System and
Government Regulations
6 Relevance to Corporate
Governance in Transition Economies
7 Gains from Diversity and
Institutional Reform in the Japanese Economy
Postscript 2000
Appendix. Towards a
Comparative Institutional Analysis: Motivations and Some Tentative Theorizing
186 pages