Economics of Institutions

Edited by Geoffrey M. Hodgson, Emeritus Professor, Loughborough University London, UK

• CONTENTSPART 1INDIVIDUALS, INSTITUTIONS AND INSTITUTIONALISM1. Walton H. Hamilton (1932), ‘Institution’2. Williams T. Waller, Jr. (1988), ‘The Concept of Habit in Economic Analysis’3. Viktor Vanberg (1989), ‘Carl Menger’s Evolutionary and John R. Commons’ Collective Action Approach to Institutions: A Comparison’4. Geoffrey M. Hodgson (1993), ‘Institutional Economics: Surveying the “Old” and the “New”’PART 2INSTITUTIONS AND MODERN ECONOMICS5. Alexander James Field (1979), ‘On the Explanation of Rules Using Rational Choice Models’6. Philip Mirowski (1986), ‘Institutional as a Solution Concept in a Game Theory Context’7. Fabrizio Coricelli and Giovanni Dosi (1988), ‘Coordination and Order in Economic Change and the Interpretative Power of Economic Theory’8. David P Ellerman (1991), ‘Myth and Metaphor in Orthodox Economics’9. Philip Mirowski (1991), ‘Postmodernism and the Social Theory of Value’PART 3RULES AND NORMS10. Alexander James Field (1984), ‘Microeconomics, Norms, and Rationality’11. Robert Axelrod (1986), ‘An Evolutionary Approach to Norms’12. Viktor Vanberg (1988), ‘Rules and Choice in Economics and Sociology’13. Jon Elster (1989), ‘Social Norms and Economic Theory’14. Herbet A. Simon (1990), ‘A Mechanism for Social Selection and Successful Altruism’PART 4INSTITUTIONS, KNOWLEDGE AND UNCERTAINTY15. Geoffrey Newman (1976), ‘An Institutional Perspective on Information’16. Lawrence A. Boland (1979), ‘Knowledge and the Role of Institutions in Economic Theory’17. Ronald A. Heiner (1983), ‘The Origin of Predictable Behavior’PART 5MARKETS AND FIRMS AS INSTITUTIONS18. Hans G. Nutzinger (1976), ‘The Firm as a Social Institution: The Failure of the Contractarian Viewpoint’19. Giovanni Dosi (1988), ‘Institutions and Markets in a Dynamic World’20. Richard N. Langlois (1988), ‘Economic Change and the Boundaries of the Firm’21. Ugo Pagano (1991), ‘Property Rights, Asset Specificity and the Division of Labour under Alternative Capitalist Relations’22. Ugo Pagano (1992), ‘Authority, Co-Ordination and Disequilibrium: An Explanation of the Co-Existence of Markets and Firms’PART 6INSTITUTIONAL CHANGE AND ECONOMIC GROWTH23. William T. Waller, Jr. (1982), ‘The Evolution of the Veblenian Dichotomy: Veblen, Hamilton, Ayres and Foster’24. Paul D. Bush (1987), ‘The Theory of Institutional Change’25. Brian R .Binger and Elizabeth Hoffman (1989), ‘Institutional Persistence and Change: The Question of Efficiency’26. Geoff Hodgson (1989), ‘Institutional Rigidities and Economic Growth’27. Ulrich Witt (1989), ‘The Evolution of Economic Institutions as a Propagation Process’