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La naturaleza de las instituciones. El debate actual

The nature of institutions. The current debate

Gabriel Guzmán and Cristian Frasser

MPRA Paper from University Library of Munich, Germany

Abstract: This article discusses the ontology of institutions and criticizes the idea that institutions are made up solely of individual incentives and actions. It is also argued that institutions are not only constituted by the actions of individuals, and that they have their own ontology, rule-based and linguistic. Various approaches to the subject are compared and two outstanding lines of research in the literature are presented: the attempt to construct a unified theory of institutions and a proposal to include constitutive rules in game theory.

Keywords: Ontology; institutions; Searle. (search for similar items in EconPapers)
JEL-codes: B20 B41 (search for similar items in EconPapers)
Date: 2017-01-01, Revised 2017-06-01
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Published in Revista de Economía Institucional 37.19(2017): pp. 115-132

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