Culture and the Evolution of Economic Institutions: A Model of Individual Adaptation and Group Self-Organization

36 Pages Posted: 18 Feb 2013

See all articles by Philip E. Auerswald

Philip E. Auerswald

George Mason University - Schar School of Government and Policy

Date Written: December 12, 1992

Abstract

In this paper I explore the process of self-organization as it relates to the transition from capitalism to socialism in two contexts: (1) Eastern Europe and the former Soviet Union, where political and economic institutions are being created at the same time, and (2) the People's Republic of China, where the process of creating market institutions is being guided by a strong central authority. I propose that in both cases, the force that guides self-organization is culture, where culture is defined (inadequately, but tractably) as the shared preferences which identify a group.

Keywords: entrepreneurship, institutions, culture, adaptation, self-organization, complexity, transition economies, production recipes

Suggested Citation

Auerswald, Philip Edgar, Culture and the Evolution of Economic Institutions: A Model of Individual Adaptation and Group Self-Organization (December 12, 1992). Available at SSRN: https://ssrn.com/abstract=2220025 or http://dx.doi.org/10.2139/ssrn.2220025

Philip Edgar Auerswald (Contact Author)

George Mason University - Schar School of Government and Policy ( email )

3351 Fairfax Dr.
Arlington, VA 22201
United States

HOME PAGE: http://auerswald.org

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