Alternative institutional structures : evolution and impact


Alternative institutional structures : evolution and impact

edited by Sandra S. Batie and Nicholas Mercuro

(The economics of legal relationships / edited by Nicholas Mercuro)

Routledge, 2014, c2008

  • : pbk

大学図書館所蔵 件 / 2



"First issued in paperback 2014" -- T.p. verso

Includes bibliographical references and index



In the spring on 2006, a workshop was held at Michigan State University to honour the career of A. Allan Schmid and his writings about how institutions evolve and how alternative institutions, including property rights, shape political relationships and impact economic performance. This edited book is the outcome of the workshop. It is a collection of original essays that explores several approaches to understanding the impact of alternative legal-economic institutions. The collection investigates questions such as: What are the similarities and differences among the various strands and approaches? Could parts of the different approaches be integrated to achieve greater insight into economic behaviour? Do different analytical problems require different approaches? Are the various strands of institutionalism actually saying the same things, but using different language and perspective? In gathering together authors who represent different approaches or strands of institutionalism, this book addresses several different issues such as transactions as the unit of observation, bounded rationality and learning, power issues embedded in the concept of efficiency, comparative empirical analysis, multiple equilibria and institutional diversity within a given environment, specification of institutional rules and structures, evolutionary perspectives, decentralized processes, and the significance of historical content.


CONTENTS, Foreword, Nicholas Mercuro and Sandra S. Batie, Chapter 1 - Power and the Troublesome Economist: Complementarities Among Recent Institutional Theorists, A. Allan Schmid, Chapter 2- Some Problems in Assessing the Evolution and Impact of Institutions, Warren J. Samuels, Chapter 3 - Developing a Method for Analyzing Institutional Change, Elinor Ostrom, Chapter 4 - Does Economic Development Require "Certain" Property Rights?, Peter J. Boettke and J. Robert Subrick, Chapter 5 - Institutional Economics as Volitional Pragmatism, Daniel W. Bromley, Chapter 6 - Institutions and Rationality, Arild Vatn, Chapter 7 - Simplicity in Institutional Design, Nathan Berg, Chapter 8 - The Essence of Economics - Law, Participation and Institutional Choice (Two Ways), Neil Komesar, Chapter 9 - Is Law Facilitating or Inhibiting Transactions?, Claude Menard, Chapter 10 - On Institutional Individualism as a Middle-way Mode of Explanation for Approaching Organizational Issues, Fernando Toboso, Chapter 11 - The Role of Attitudes in Action and Institutional Change - An Evolutionary Perspective, Uta-Maria Niederle, Chapter 12 - Post-Keynesian Institutionalism and the Anxious Society, Charles J. Whalen, Chapter 13 - Towards a Theory of Induced Institutional Change: Power, Labor Markets, and Institutional Change, Morris Altman, Chapter 14 - The Instituted Nature of Market Information: the Case of Induced Innovation and Environmental Regulation, Patricia E. Norris, David B. Schweikhardt, and Eric A. Scorsone, Chapter 15 - The Role of Culture and Social Norms in Theories of Institutional Change: The Case of Agricultural Cooperatives, Julie A. Hogeland, Chapter 16 - Payment for Environmental Services and Other Institutions for Protecting Drinking Water in Eastern Costa Rica, Michael D. Kaplowitz, Daniel V. Ortega-Pacheco, and Frank Lupi, Chapter 17 - A Dialogue on Institutions: Assessing the Evolution and Impact of Alternative Institutional Structures, edited by Nicholas Mercuro and Sandra S. Batie, Contributors, Index

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