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. “Institutionalism” historically refers to a group of economists who wrote mainly in the 1920s and 1930s. Their place in economic theory … unacceptable to traditional institutionalists. This revised institutionalism became an important source of theory for modern law …
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present paper fills some of this space by elaborating the parallels between stakeholder theory and classical institutional … coordinated or hindered by real-world business institutions. From this standpoint, stakeholder theory highlights the possibility … of stakeholder theory to the wider societal context of modern capitalist economies but also elaborates novel aspects of …
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I discuss Aoki's fundamental model of institutions in its most recent version, building on a comment that Aoki contributed to a paper by Hindriks and Guala in 2015. These authors advance a ‘rules in equilibrium' approach to institutions that claims to reduce a Searlian social ontology of...
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The purpose of this paper is to present the main differences between New Institutional Economics, NIE, and Original Institutional Economics, OIE, and to question some of the proposals that call for the gap between the two approaches to be bridge. This does not preclude the possibilities of a...
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How effective institutions come about and how they change are fundamental questions for economics and social science more generally. We show that these questions were central in the deliberations of lawyers in 17th century England, a critical historical juncture that has motivated important...
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An overview is given of the utilization of strategic market games in the development of a game theory based theory of …
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