New Institutionalism in Economics and New Economic Sociology: Main Similarities and the Differences
Maxim Markin ()
Journal of Economic Sociology, 2012, vol. 13, issue 3, 123-133
Abstract:
The article reviews main statements of the influential institutional perspectives, including new institutional economic theory presented by O.Williamson and D. North; new institutionalism in economic sociology developed by organizational theorists (P. DiMaggio, W. Powell, etc.) and sociologists of markets (M. Granovetter, N. Fligstein, etc.) in the USA; and economics of conventions (L. Boltanski and L. Thevenout) in Europe. This analytical review includes a discussion of major similarities and differences of new institutional approaches in economics and sociology.
JEL-codes: Z1 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:hig:ecosoc:v:13:y:2012:i:3:p:123-133
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