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Rudolf Richter is one of the leading pioneers in the field of the New Institutional Economics in Germany. In addition to general perspectives on the New Institutional Economics, the Festschrift also contains articles on the theory of the firm, economic contract theory, on pricing and competition, macroeconomics and monetary economics and on various aspects of law and economics. Contributors: Oliver E. Williamson, Claude Ménard, Eirik G. Furubotn, Kenneth E. Scott, Arnold Picot, Marina Fiedler, Victor P. Goldberg, Björn Blüml, Werner Neus, Urs Schweizer, Arthur S. De Vany, Thomas R. Saving, Volker Böhm, Jürgen Eichberger, Christian Pfeil, Thorsten Posselt, Ekkehart Schlicht, Ernst Baltensperger, Peter Bernholz, Ulrich Bindseil, Siegwart Lindenberg, Ivo Bayer, Holger Bonus, Wernhard Möschel, Christian Kirchner, Dieter Schmidtchen, Hans-Jörg Schmidt-Trenz, Justus Haucap, Uwe Pauly, Christian Wey