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Austrian economics at the cutting edge

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Institutions, distributed cognition and agency : rule-following as performative action

Herrmann-Pillath, Carsten - 2011

cognition and performativity, which I put into the context of Searle's philosophical account of institutions. Substantive …

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Naturalizing institutions : evolutionary principles and application on the case of money

Herrmann-Pillath, Carsten - 2011

In recent extensions of the Darwinian paradigm into economics, the replicator-interactor duality looms large. I propose a strictly naturalistic approach to this duality in the context of the theory of institutions, which means that its use is seen as being always and necessarily dependent on...