Institutional Competition among Jurisdictions: An Evolutionary Approach

Posted: 10 Jan 2008 Last revised: 12 May 2008

See all articles by Wolfgang Kerber

Wolfgang Kerber

University of Marburg - School of Business & Economics

Viktor Vanberg

affiliation not provided to SSRN

Abstract

The purpose of this paper is to outline an evolutionary approach to the process of competition among institutions. We shall focus, in particular, on two issues: first, the role of the competitive process as a knowledge-creating process; and, second, the issue of what inferences, if any, can be drawn from the nature of this process regarding the desirability of its outcomes. In discussing both issues we will draw a parallel between ordinary market competition and competition in the realm of institutions. Some clarifying comments in order to narrow down what we mean by evolutionary approach and institutional competition precede the analysis.

JEL Classification: H10, H70, K00

Suggested Citation

Kerber, Wolfgang and Vanberg, Viktor, Institutional Competition among Jurisdictions: An Evolutionary Approach. Constitutional Political Economy, Vol. 5, No. 2, pp.193-219, 1994. Available at SSRN: https://ssrn.com/abstract=1082255

Wolfgang Kerber (Contact Author)

University of Marburg - School of Business & Economics ( email )

Am Plan 2
Marburg, D-35037
Germany
+49 6421 2823921 (Phone)

Viktor Vanberg

affiliation not provided to SSRN ( email )

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