Institutional Change

Desiree Desierto and Mark Koyama

No 19285, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: How does institutional change take place? This question poses a number of challenges for scholars working in the New Institutional tradition. We discuss both functionalist approaches to institutional change and our preferred framework based on cooperation and conflict. We illustrate the latter approach through some applications taken from recent scholarship in economic history.

Keywords: Institutions; Institutional change; Conflict; Cooperation; Efficiency (search for similar items in EconPapers)
Date: 2024-07
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Chapter: Institutional Change (2025)
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