Economía institucional y ciencia económica

Jaime Lozano ()
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Jaime Lozano: Secretaría de Hacienda Distrital

Revista de Economía Institucional, 1999, vol. 1, issue 1, pages 99-128

Abstract: This article presents a comparative analysis of the approaches of institutional economics and Walrasian economics. After reviewing the differences between both perspectives, it argues that institutional economics is an alternative, however incomplete, to general equilibrium economics. It compares the way both tendencies conceive the individual, knowledge, efficiency and the economic order, to point out the differences. Some methodological discussion derived from these differences is indicated.

Keywords: Institutional economics; Walrasian economics; economic order (search for similar items in EconPapers)
JEL-codes: B52 B53 B59 B49 (search for similar items in EconPapers)
Date: 1999
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Persistent link: http://EconPapers.repec.org/RePEc:rei:ecoins:v:1:y:1999:i:1:p:99-128

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