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Beyond foraging: behavioral science and the future of institutional economics
2007
Journal of Institutional Economics
Institutions affect economic outcomes, but variation in them cannot be directly linked to environmental factors such as geography, climate, or technological availabilities. Game theoretic approaches, based as they typically are on foraging only assumptions, don't provide an adequate foundation for understanding the intervening role of politics and ideology. Nor does the view that culture and institutions are entirely socially constructed. Understanding what institutions are and how they
doi:10.1017/s1744137407000720
fatcat:4onbsl5chbbtpbje6vdotyookq