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Institutional Economics and Education: The Case of Early School Leaving [Economia instituţională şi educaţia: cazul abandonului şcolar]

Pană Marius-Cristian
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Pană Marius-Cristian: Academia de Studii Economice din Bucureşti

Revista OEconomica, 2014, issue 03

Abstract:

Institutions are the rules that guide social interactions. By creating incentives or constraints, they guide human actions in the social cooperation process. Society is a reflection of social cooperation and becomes, in fact, the expression of the existing institutional frame. In this paper, this general and valid hypothesis is applied for the analysis of education.

Keywords: institutions; human action; social cooperation; education; methodological individualism (search for similar items in EconPapers)
JEL-codes: B25 B41 I20 (search for similar items in EconPapers)
Date: 2014
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