Evolution and design of institutions

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Bibliographic Information

Evolution and design of institutions

edited by Christian Schubert and Georg von Wangenheim

(Studies in global competition / edited by John Cantwell, v. 26)

Routledge, 2006

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Note

"This book assembles contributions to an inter-disciplinary workshop that took place at the Max-Planck-Institute of Economics (the former Max-Planck-Institute for Research into Economic Systems) in Jena, Germany, in February 2004"--P. [3]

Includes bibliographical references and index

Description and Table of Contents

Description

This book comprises nine papers approaching designed institutions and their interplay with spontaneous institutions from various angles. While the evolution of spontaneous institutions is quite well understood in economic thinking, the development of consciously designed institutions has been examined much less. In new institutional economics, public choice, and law and economics the interaction between changing preferences and spontaneously evolving institutions on the one hand and the evolution of designed institutions (as, e.g., legal systems) on the other hand has largely been ignored. A number of top class international contributors have been assembled to study this phenomenon including Viktor Vanberg, Bruno Frey, Elinor Ostrom and Francesco Parisi.

Table of Contents

1. Designed Institutions Influence Preferences and Behavior 2. Emergence and Change of Designed Institutions 3. Evaluating Designed Institutions

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