Micro Theory and Recent Developments in the Study of Economic Institutions Through Economic History
Stanford University - Department of Economics; Canadian Institute for Advanced Research (CIFAR)
This paper discusses the three approaches within economic history that utilizes micro-economic theory to examine institutions, their nature, change, and efficiency: the Neo-classical Economics approach, the New Institutional Economic History approach, and Historical Institutional Analysis approach. The focus is on methodology and general results rather than on any specific conclusions regarding institutions in particular historical episodes. Most of the survey is devoted to elaborate on the recent development of Historical Institutional Analysis.
Number of Pages in PDF File: 35
JEL Classification: N20working papers series
Date posted: February 1, 1997
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