NIE meaning in Academic & Science ?

Answer: What is New Institutional Economics mean?

New institutional economics (NIE) is an economic perspective that attempts to extend economics by focusing on the institutions (that is to say the social and legal norms and rules) that underlie economic activity and with analysis beyond earlier institutional economics and neoclassical economics. Unlike neoclassical economics, it also considers the role of culture and classical political economy in economic development.

The NIE assume that individuals are rational and that they seek to maximize their preferences, but that they also have cognitive limitations, lack complete information and have difficulties monitoring and enforcing agreements. As a result, institutions form in large part as an effective way to deal with transaction costs.

NIE rejects that the state is a neutral actor (rather, it can hinder or facilitate effective institutions), that there are zero transaction costs, and that actors have fixed preferences.

reference

Full Form	Category
New Institutional Economics	Academic & Science
Net Interest Earnings	Accounts and Finance
Niblack (ak)	Airport Code
N B C I Automatic Commercial Exchange	Business
New Institution Economics	Business
Numero de Identificacion de Extranjeros	Business
National Institute of Electronics	Business
Newspapers In Education	Community
News in Education	Community
Network Interface Engine	Computing
Numero Identificacion Extranjero	General
Newspapers In Eduction	General
Número de Identificación de Extranjero	General
número de identidad de extranjero	General
Network Integration Evaluation	General
National Intelligence Estimates	General
Not Included Elsewhere	General
Number Is The Equivalent	General
Numero de Identidad Extranjero	General
National Interest Exceptions	General
National Institute of Education	Governmental
Newly Industrialised Economies	Governmental
National Intelligence Estimate	Governmental
Newly Industrializing Country	Governmental
Numero Identificacion De Extranjero	International
National Institute of Epidemiology	Ministry of Health and Family Welfare Organization
Niblack, Alaska USA	Regional
Northern Ireland Executive	Regional
Newton Internet Enabler	Softwares
Newspaper In Education	Stock Exchange