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Why do institutions grow? Despite nearly a century of scientific effort, there remains little consensus on this topic … and energy consumption per capita: as energy consumption increases, institutions become larger. I hypothesize that this …
Persistent link: https://www.econbiz.de/10011644659
Why do institutions grow? Despite nearly a century of scientific effort, there remains little consensus on this topic … and energy consumption per capita: as energy consumption increases, institutions become larger. I hypothesize that this … relation results from the interplay between technological complexity and human biological limitations. I also show how a simple …
Persistent link: https://www.econbiz.de/10011645097
perceived complexity, and generating social institutions. Boosted by the financial crisis 2008ff., a surge to explore complexity …Complexity economics has developed into a powerful empirical, theoretical, and computational research program in the … theoretical and empirical findings are consistent with older heterodox research interests and predictions. Economic complexity is …
Persistent link: https://www.econbiz.de/10011650556
claims, contracting, and governance that determine vertical integration. He treats these institutions as common pool …
Persistent link: https://www.econbiz.de/10009468315
This entry discusses the concept of "systemism", elaborates how it implicitly underpinned most seminal works of evolutionary-institutional economics, and explains how future research would benefit from making the systemist nature of evolutionary economics more explicit. More precisely, the paper...
Persistent link: https://www.econbiz.de/10014581873
that duality, if handled carefully, can provide a superior framework to dualism for dealing with the complexity of economic … and social institutions. …
Persistent link: https://www.econbiz.de/10013337413
The impact of economic institutions on development is presently taken for granted but there is surprisingly scarce … evidence on the channels through which institutions affect the organization of output. Imperfections in contractual enforcement …
Persistent link: https://www.econbiz.de/10010316068
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