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Institutions are a principal object of study in social sciences such as political science, anthropology, economics, and sociology (the latter described by Émile Durkheim as the "science of institutions, their genesis and their functioning"). [ 9] Primary or meta-institutions are institutions such as the family or money that are broad enough to ...
Institutionalist political economy, also known as institutional political economy or IPE, refers to a body of political economy, thought to stem from the works of institutionalists such as Thorstein Veblen, [ 1] John Commons, [ 2] Wesley Mitchell and John Dewey. It emphasizes the impact of historical and socio-political factors on the evolution ...
Elinor Claire " Lin " Ostrom (née Awan; August 7, 1933 – June 12, 2012) was an American political scientist and political economist [ 1][ 2][ 3] whose work was associated with New Institutional Economics and the resurgence of political economy. [ 4] In 2009, she was awarded the Nobel Memorial Prize in Economic Sciences for her "analysis of ...
Institutional analysis is the part of the social sciences that studies how institutions —i.e., structures and mechanisms of social order and cooperation governing the behavior of two or more individuals—behave and function according to both empirical rules (informal rules-in-use and norms) and also theoretical rules (formal rules and law).
Institutional theory. In sociology and organizational studies, institutional theory is a theory on the deeper and more resilient aspects of social structure. It considers the processes by which structures, including schemes, rules, norms, and routines, become established as authoritative guidelines for social behavior. [ 1]
A key concept of Rational Choice Institutionalism is the principal-agent model borrowed from Neo-classical economics. This model is used to explain why some institutions appear to be inefficient, suboptimal, dysfunctional or generally go against the intentions of the actors who created the institution. [ 11][ 8] The concept assumes that the ...
Historical institutionalism (HI) is a new institutionalist social science approach [1] that emphasizes how timing, sequences and path dependence affect institutions, and shape social, political, economic behavior and change.
Arend d'Angremond Lijphart (born 17 August 1936) is a Dutch-American political scientist specializing in comparative politics, elections and voting systems, democratic institutions, and ethnicity and politics. He is Research Professor Emeritus of Political Science at the University of California, San Diego. [1]