Individual strategy and social structure : an evolutionary theory of institutions
Author(s)
Bibliographic Information
Individual strategy and social structure : an evolutionary theory of institutions
Princeton University Press, c1998
- : hbk
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Note
Includes bibliographical references (p. [177]-184) and index
Description and Table of Contents
Description
In this volume, the author argues for a realistic view in which people have a limited understanding of their environment. He seeks to show how the cumulative experiences of many individuals coalesce over time into customs, norms and institutions that govern economic and social life. He develops a theory that predicts how such institutions evolve and characterizes their welfare properties.
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