This paper develops a game-theoretic and epistemic account of a peculiar mode of practical reasoning that sustains focal points but also more general forms of rule-following behavior which I call community-based reasoning (CBR). It emphasizes the importance of counterfactuals in strategic...

This paper examines the claim that Veblen's theory of cultural evolution has generalized Darwinian principles to socioeconomic phenomena. Our argument takes place in the debate around "generalized Darwinism" in evolutionary and institutional economics. We claim that Veblen frequently relied on...

This article shows that in Veblen’s evolutionary economics Darwinian principles are used to study socioeconomic evolutionary processes. We emphasize the dual status of institutions which, according to Veblen, are both factors and units of selection. One of the consequences is the existence in...