Evolution and design of institutions / edited by Christian Schubert and Georg von Wangenheim.

Format:

Book

Contributor:

Schubert, Christian, 1971-

Wangenheim, Georg von.

Series:

Studies in global competition ; v. 26.

Studies in global competition ; v. 26

Language:

English

Subjects (All):

Institutional economics--Congresses.

Institutional economics.

Evolutionary economics--Congresses.

Evolutionary economics.

Economics--Psychological aspects--Congresses.

Economics.

Economics--Psychological aspects.

Genre:

Conference papers and proceedings.

Physical Description:

xii, 214 pages : illustrations ; 24 cm.

Place of Publication:

London ; New York : Routledge, 2006.

Summary:

While the evolution of informal institutions is quite well understood in economic thinking, the development of consciously designed institutions has not been rigorously explored. In the New Institutional Economics, Public Choice, and Law and Economics the dynamic interplay between changing preferences and spontaneously evolving institutions on the one hand and the evolution of designed institutions on the other hand has been largely ignored. "Evolution and Design of Institutions" assembles contributions by economists, legal scholars and psychologists in order to shed new light on these issues. The contributors analyze how designed norms influence preference behavior, examine the emergence and evolution of designed institutions and address normative approaches.

Notes:

"Contributions to an inter-disciplinary workshop that has taken place at the Max-Planck-Institute of Economics (the former Max-Planck-Institute for Research into Economic Systems) in Jena, Germany, in February 2004"--Pref.

Includes bibliographical references and index.

ISBN:

0415375312

OCLC:

60557520

Publisher Number:

9780415375313