Phase diagrams in historical economics: culture and institutions

Alberto Bisin and Thierry Verdier
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Alberto Bisin: NYU - New York University [New York] - NYU - NYU System

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Abstract: In this paper we discuss the role of explicit formal dynamic models in our understanding of socio-economic history. Specifically, to illustrate the methodological issue, we center our analysis on studies of institutional and cultural change. Finally, we study in detail a dynamic model of institutions for property rights protection and culture of conflict as an example.

Keywords: Cultural transmission; Evolution of institutions; Historical economics (search for similar items in EconPapers)
Date: 2021
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Published in Alberto Bisin; Giovanni Federico. The Handbook of Historical Economics, Elsevier, pp.491-522, 2021, 978-0-12-815874-6. ⟨10.1016/B978-0-12-815874-6.00024-1⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-03247904

DOI: 10.1016/B978-0-12-815874-6.00024-1

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