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The manifesto of post-institutionalism: institutional complexity research agenda

Daniil Frolov

MPRA Paper from University Library of Munich, Germany

Abstract: The article discusses the internal dualism of modern institutional economics, manifested in division of orthodox or mainstream institutionalism (its axiomatics and dogmatics is represented by the Standard Model) and its opposition – post-institutionalism. It discusses the post-institutional agenda, covering a wide range of discussion issues beyond Standard Model – from the analysis of institutional complexity to introducing a new paradigm of evolutionary analysis of institutions. It demonstrates that in the focus of post-institutionalism there are complex and supercomplex institutional phenomena and processes, which can only be comprehended by overcoming reductionist methodological approaches of the institutional mainstream

Keywords: institutional complexity; institutions; institutional systems; transaction costs; institutional evolution; post-institutionalism (search for similar items in EconPapers)
JEL-codes: B41 B52 (search for similar items in EconPapers)
Date: 2019-10-17
New Economics Papers: this item is included in nep-evo, nep-hme, nep-ore and nep-pke
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