Costa, Ana Narciso; Caldas, José Castro - In: Journal of Economic Issues 45 (2011) 3, pp. 665-684
>p>Institutional economics is often presented by its critics as a tradition in political economy purporting a … mechanistic, robot-like, view of the human agent. In this paper this portrayal of institutional economics is rejected and choice … is reclaimed for institutionalism. In fact, institutional economics is not committed to an understanding of behavior as …