Micro Theory and Recent Developments in the Study of Economic Institutions Through Economic History

35 Pages Posted: 1 Feb 1997

See all articles by Avner Greif

Avner Greif

Stanford University - Department of Economics; Canadian Institute for Advanced Research (CIFAR)

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Abstract

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.

JEL Classification: N20

Suggested Citation

Greif, Avner, Micro Theory and Recent Developments in the Study of Economic Institutions Through Economic History. Available at SSRN: https://ssrn.com/abstract=1243 or http://dx.doi.org/10.2139/ssrn.1243

Avner Greif (Contact Author)

Stanford University - Department of Economics ( email )

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Canadian Institute for Advanced Research (CIFAR) ( email )

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