Coevolution of economic behaviour and institutions: towards a theory of institutional change |
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| Authors: | Email author" target="_blank">Jeroen?C?J?M?van?den?BerghEmail author Sigrid?Stagl |
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| Institution: | (1) Faculty of Economics and Business Administration and Institute for Environmental Studies, Free University, De Boelelaan 1105, 1081 HV Amsterdam, The Netherlands;(2) School of the Environment, University of Leeds, LS2 9JT Leeds, UK |
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| Abstract: | Traditionally, economics has regarded institutions, notably norms and regulations, as fixed or exogenous. Surprisingly few insights on institutional evolution from natural and social sciences have made their way into economics. This article gives an overview of evolutionary theories of institutions in biology, sociology, anthropology and economics. These theories are subsequently compared with non-evolutionary theories of institutions. Next, the insights and approaches are integrated into a framework for analysis of institutions based on the notion of coevolution.JEL Classification:
B52, D10, D70, D64, Z13J.C.J.M. van den Bergh |
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| Keywords: | Altruism Cooperation Culture Dual inheritance Evolutionary psychology Group selection Norms Social psychology Sociobiology |
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