It is common for scholars to describe institutions as “rules of the game.” This description entails a separation between a society and its rules. Social change thus results as societies amend their framing rules. This paper explores that common treatment of institutions as rules with a...

This article discusses the problem of "thought experiments" in Austrian economics and takes as a starting point Lawrence Moss’ argument on the divide between the older Austrian economists - for whom thought experiments were crucial - and the new generation that, in Moss’ view, has...

chapter Introduction -- part Part I From metropolitan reform to a theory of governance systems: The origins and main themes of the Bloomington research program -- chapter 1 Political economy, polycentricity and the metropolitan reform debate -- chapter 2 Crossing the great divide: The nature of...

"This book addresses the crisis in modern governance as a result of increasing value diversity and argues that the ensuing societal and political tensions are most effectively managed using a polycentric political economy and a modus vivendi social philosophy. Expert authors discuss the social...

Purpose: The purpose of this study is to show under what conditions a special economic zone will succeed at spurring development and at sparking broader liberalization. Design/methodology/approach: The authors use a combination of formal modeling and case studies. Findings: Most special...