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Economic theory and institutions
Structural Change and Economic Dynamics, 2021Abstract Economic theory and institutional approaches lack a close connection. Efforts to develop an analysis of institutions within a neo-classical framework have shown serious limitations. A stronger relationship could be developed with classical and post-Keynesian economics, that provides the conditions for developing a unified theoretical ...
Luigi Lodovico Pasinetti +1 more
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A Theory of Institutional Legitimacy [PDF]
SSRN Electronic Journal, 2012 Institutions matter: they affect individual action, influence cooperation and are crucial in making the difference between wealth and poverty, growth and stagnation. Yet, the explanatory power of modern institutional economics has not been exceedingly satisfactory.This paper criticizes the mainstream institutional view and maintains that its key ...
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Institutional Theories of Organization
Annual Review of Sociology, 1987Institutional theories of organizations provide a rich, complex view of organizations. In these theories, organizations are influenced by normative pressures, sometimes arising from external sources such as the state, other times arising from within the organization itself.
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2008
Introduction Since the seminal book by Von Neumann and Morgenstern (1944), Theory of Games and Economic Behavior , game theory has progressively permeated all fields of economics (industrial organization, labor, financial and international economics) and extended its influence on the other social sciences (politics, sociology, and law).
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Introduction Since the seminal book by Von Neumann and Morgenstern (1944), Theory of Games and Economic Behavior , game theory has progressively permeated all fields of economics (industrial organization, labor, financial and international economics) and extended its influence on the other social sciences (politics, sociology, and law).
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Institutional awareness - Examining agency in institutional theory
Academy of Management Proceedings, 2016Drawing on dual-process theory and mindfulness research this article sets out to shed light on the conditions that need to be met to create “a reflexive shift in consciousness” argued to be a key foundational mechanism for agency in institutional theory. Although past research has identified different exogenous triggers to evoke shifts in consciousness,
Ahlvik, Catarina, Boxenbaum, Eva
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Institutions and Institutional Change: Concepts and Theories
2021The failure of some countries to achieve sustainable growth is rooted in the history and poor performance of their social, economic, and political institutions. According to North (Institutions, institutional change and economic performance. Cambridge, Cambridge University Press, 1990), institutional change has defined the course of human societies ...
Ali Hussein Samadi, Masoumeh Alipourian
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Microfoundations for Institutional Theory?
2019The authors discuss the microfoundations of institutional theory, specifically as microfoundations are manifested in this volume of Research in the Sociology of Organizations. The authors argue that the main interest seems to be in better understanding macrofoundations: top-down forces from institutions to actors.
Teppo Felin, Nicolai Foss
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The Theory of Institutional Change
Journal of Economic Issues, 1987(1987). The Theory of Institutional Change. Journal of Economic Issues: Vol. 21, No. 3, pp. 1075-1116.
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Institutions and Economic Theory
The American Economist, 1992Editor’s Introduction Originally published in Volume 36, Number 1, Spring 1992, pages 3-6. Omicron Delta Epsilon presented Douglass North (1920-2015) with the John R. Commons award in 1992 for his contributions to the economics profession. The following year he shared the Nobel Memorial Prize in Economic Sciences with Robert Fogel.
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Institutional Economics and The Theory of Production
Journal of Economic Issues, 1987What is wanted is training in the ways and means of productive industry, not in the ways and means of salesmanship and profitable investment. By force of habit, men trained to a businesslike view of what is right and real will be irretrievably biased against any plan of production and distribution that is not drawn in terms of commercial profit and ...
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