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- Title
Elaborating the Conceptual Difference between Conventions and Institutions.
- Authors
Diaz-Bone, Rainer
- Abstract
The article elaborates the conceptual difference between two core concepts of the French approach of economics of convention (EC), namely convention and institution. It is argued that modern institutionalisms and neoinstitutionalisms need to delimit the meaning of the notion institution as EC does. Then it is possible to work out the relations of institutions and other forms of cultural or structural resources. A proposal for such an elaboration is done by differing four perceived situations for institutional analysis. This elaboration could be used to enhance the explanatory capabilities of EC.
- Subjects
MANNERS &; customs; INSTITUTIONS (Philosophy); SOCIOECONOMICS; SOCIAL sciences; NEW institutionalism (Sociology); ASSOCIATIONS, institutions, etc.; ECONOMICS
- Publication
Historical Social Research, 2012, Vol 37, Issue 4, p64
- ISSN
0172-6404
- Publication type
Article