Este artículo examina el papel del conocimiento común en la formación de equilibrios estables y establece las bases teóricas para analizar su constitución y evolución. Retoma aportes de Elinor Ostrom y los complementa con las contribuciones de algunos autores institucionalistas. Intenta...

Este artículo revisa las ideas de Coase sobre la metodología en economía a partir de su crítica de Friedman y las compara con ideas provenientes de otros campos. Argumenta que su adaptación de Kuhn es más apropiada para la economía en su forma actual que para la época de la que Coase...

Las fallas generalizadas y duraderas de la economía académica se deben a la excesiva confianza en métodos de análisis matemáticos inapropiados. Muchos economistas heterodoxos piensan que el problema central es una forma de ideología político-económica, que la disciplina va por mal camino...

This article explains two enigmas related to the scientific career of Thomas C. Schelling, Nobel Price in Economics 2005: How to explain his capacity to always produce new ideas? Why have his multiple pioneer ideas had more impact on other social sciences and not on economics? The paper proposes...

This paper synthesizes extensive research conducted by colleagues from a wide diversity of disciplines that examines the relationships between the social systems and ecological systems they use. One of the key observations is that efforts to design general-purpose blueprints frequently fail. The...

Professors Knoedler and Underwood discuss the concern over the decline in the number of economic majors as well as overall the enrolments in economics. For many “mainstream” economic educators this problem obey to the fact that academic economics tend to grant lower grades on average to...

In the last decade, the concept of social capital has been widely accepted by academics, advisors and government officials, who have attributed to it virtuous effects on economic and social development. However, theoretical and applied literature gives many different meanings to the concept of...

This paper discusses how the theory on the role of institutions in development can be improved, by critically examining the current orthodox discourse on institutions. To understand the relationship between institutions and economic development, it is necessary to have some balance between...

This paper analyzes institutionalism’s contributions to development theory, and shows the need for a greater integration for the creation of successful institutional development strategies. It identifies the levels of institutional analysis, highlighting its frequency of change, type of...

This article presents a comparative analysis of the approaches of institutional economics and Walrasian economics. After reviewing the differences between both perspectives, it argues that institutional economics is an alternative, however incomplete, to general equilibrium economics. It...