An Application of Searle’S Theory of Social Phenomena to New Institutional Economics

Javier Legris and Paulo Pascuini ()
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Paulo Pascuini: Instituto Interdisciplinario de Economía Política de Buenos Aires - UBA - CONICET

No 2018-36, Documentos de trabajo del Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET) from Universidad de Buenos Aires, Facultad de Ciencias Económicas, Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET)

Abstract: In Economics the notion of institution is not sufficiently defined, at least not in a formal way. In this paper, some elements of Searle’s foundation for the formal study of social phenomena are taken to propose a more comprehensive and formal characterization of the concept. Also, for the purposes of an intuitive understanding of the proposal’s attributes, it is tried out an application to the concept of institution in the case of New Institutional Economics, at least Williamson’s account (1975).

Keywords: New Institutional Economics; Institution; John Searle; Philosophy of Sociality; Philosophy of Economics (search for similar items in EconPapers)
JEL-codes: B41 B52 D23 (search for similar items in EconPapers)
Date: 2018-12
New Economics Papers: this item is included in nep-hme and nep-hpe
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Persistent link: https://EconPapers.repec.org/RePEc:ake:iiepdt:201836

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