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Institutional
Institutions are humanly devised structures of rules and norms that shape and constrain individual behavior. All definitions of institutions generally entail that there is a level of persistence and continuity. Laws, rules, social conventions and norms are all examples of institutions. Institutions vary in their level of formality and informality. Institutions are a principal object of study in social sciences such as political science, anthropology, economics, and sociology (the latter described by Émile Durkheim as the "science of institutions, their genesis and their functioning"). Primary or meta-institutions are institutions such as the family or money that are broad enough to encompass sets of related institutions. Institutions are also a central concern for law, the formal mechanism for political rule-making and enforcement. Historians study and document the founding, growth, decay and development of institutions as part of political, economic and cultural history. Def ...
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Rational Choice Institutionalism
Rational Choice Institutionalism (RCI) is a theoretical approach to the study of institutions arguing that actors use institutions to maximize their utility, and that institutions affect rational individual behavior. Rational Choice Institutionalism arose initially from the study of congressional behaviour in the U.S. in the late 1970s. Influential early RCI scholarship was done by political economists at California Institute of Technology, University of Rochester, and Washington University. It employs analytical tools borrowed from neo-classical economics to explain how institutions are created, the behaviour of political actors within it, and the outcome of strategic interaction. RCI explains the creation of institutions as an attempt to reduce transaction costs of collective activity which would be significantly higher without such institutions. Institutions persist after their creation because they reduce uncertainty and allow gains from exchange. Rational Choice Institutionalism ...
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Douglass North
Douglass Cecil North (November 5, 1920 – November 23, 2015) was an American economist known for his work in economic history. He was the co-recipient (with Robert William Fogel) of the 1993 Nobel Memorial Prize in Economic Sciences. In the words of the Nobel Committee, North and Fogel "renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change." Biography Douglass North was born in Cambridge, Massachusetts, on November 5, 1920. He moved several times as a child due to his father's work at MetLife. The family lived in Ottawa, Lausanne, New York City, and Wallingford, Connecticut. North was educated at Ashbury College in Ottawa, Ontario and the Choate School in Wallingford, Connecticut. He was accepted at Harvard at the same time that his father became the head of MetLife on the west coast, so North opted to go to University of California, Berkeley. During his time at Berkeley, North was a memb ...
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Political Science
Political science is the scientific study of politics. It is a social science dealing with systems of governance and power, and the analysis of political activities, political thought, political behavior, and associated constitutions and laws. Modern political science can generally be divided into the three subdisciplines of comparative politics, international relations, and political theory. Other notable subdisciplines are public policy and administration, domestic politics and government, political economy, and political methodology. Furthermore, political science is related to, and draws upon, the fields of economics, law, sociology, history, philosophy, human geography, political anthropology, and psychology. Political science is methodologically diverse and appropriates many methods originating in psychology, social research, and political philosophy. Approaches include positivism, interpretivism, rational choice theory, behaviouralism, structuralism, post-struct ...
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Geoffrey Hodgson
Geoffrey Martin Hodgson (born 28 July 1946, Watford) is Emeritus Professor in Management at the London campus of Loughborough University, and also the editor-in-chief of the ''Journal of Institutional Economics.'' Hodgson is recognised as one of the leading figures of modern critical institutionalism which carries forth the critical spirit and intellectual tradition of the founders of institutional economics, particularly that of Thorstein Veblen. His broad research interests span from evolutionary economics and history of economic thought to Marxism and theoretical biology. He first became known for his book ''Economics and Institutions: A Manifesto for a Modern Institutional Economics'' (1988), which criticises modern 'mainstream' economics and calls to revise economic theory on the new grounds of institutionalism. His reputation has become enhanced owing to the trilogy of more recent books – ''Economics and Utopia'' (1999), ''How Economics Forgot History'' (2001) and ''The ...
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Social Sciences
Social science is one of the branches of science, devoted to the study of societies and the relationships among individuals within those societies. The term was formerly used to refer to the field of sociology, the original "science of society", established in the 19th century. In addition to sociology, it now encompasses a wide array of academic disciplines, including anthropology, archaeology, economics, human geography, linguistics, management science, communication science and political science. Positivist social scientists use methods resembling those of the natural sciences as tools for understanding society, and so define science in its stricter modern sense. Interpretivist social scientists, by contrast, may use social critique or symbolic interpretation rather than constructing empirically falsifiable theories, and thus treat science in its broader sense. In modern academic practice, researchers are often eclectic, using multiple methodologies (for instance, by c ...
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Robert Keohane
Robert Owen Keohane (born October 3, 1941) is an American academic working within the fields of international relations and international political economy. Following the publication of his influential book ''After Hegemony'' (1984), he has become widely associated with the theory of neoliberal institutionalism in international relations, as well as transnational relations and world politics in international relations in the 1970s. He is Professor Emeritus of International Affairs at the Princeton School of Public and International Affairs, and has also taught at Swarthmore College, Duke University, Harvard University and Stanford University. A 2011 survey of International Relations scholars placed Keohane second in terms of influence and quality of scholarship in the last twenty years. According to the Open Syllabus Project, Keohane is the most frequently cited author on college syllabi for political science courses. Early life Keohane was born at the University of Chicago H ...
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Kathleen Thelen
Kathleen Thelen is an American political scientist specializing in comparative politics. She is the Ford Professor of Political Science at the Massachusetts Institute of Technology (MIT), a permanent external member of the Max Planck Institute for the Study of Societies (MPIfG), and a faculty associate at the Center for European Studies (CES) at Harvard University. She is known for her research on political-economic institutions, as well as her frameworks for understanding institutional stability and change. She is influential in the field of historical institutionalism. Education She received her B.A. from the University of Kansas. During her time at the University of Kansas, she spent a year studying abroad in Munich, Germany; her experience in Germany led her to switch her major from English to Political Science. She was awarded an M.A. and Ph.D. from the University of California, Berkeley. During her time at U.C. Berkeley, she was influenced by faculty members John Zsyman, ...
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Sociology Of Law
The sociology of law (legal sociology, or law and society) is often described as a sub-discipline of sociology or an interdisciplinary approach within legal studies. Some see sociology of law as belonging "necessarily" to the field of sociology, but others tend to consider it a field of research caught up between the disciplines of law and sociology. Still others regard it as neither a subdiscipline of sociology nor a branch of legal studies but as a field of research on its own right within the broader social science tradition. Accordingly, it may be described without reference to mainstream sociology as "the systematic, theoretically grounded, empirical study of law as a set of social practices or as an aspect or field of social experience". It has been seen as treating law and justice as fundamental institutions of the basic structure of society mediating "between political and economic interests, between culture and the normative order of society, establishing and maintainin ...
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Penal System
A prison, also known as a jail, gaol (dated, standard English, Australian, and historically in Canada), penitentiary (American English and Canadian English), detention center (or detention centre outside the US), correction center, correctional facility, lock-up, hoosegow or remand center, is a facility in which inmates (or prisoners) are confined against their will and usually denied a variety of freedoms under the authority of the state as punishment for various crimes. Prisons are most commonly used within a criminal justice system: people charged with crimes may be imprisoned until their trial; those pleading or being found guilty of crimes at trial may be sentenced to a specified period of imprisonment. In simplest terms, a prison can also be described as a building in which people are legally held as a punishment for a crime they have committed. Prisons can also be used as a tool of political repression by authoritarian regimes. Their perceived opponents may be impri ...
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Organization
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includ ...
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Avner Greif
Avner Greif (; born 1955) is an economics professor at Stanford University, Stanford, California. He holds a chaired professorship as Bowman Family Professor in the Humanities and Sciences. Greif received his PhD in Economics at Northwestern University, where Joel Mokyr acted as his supervisor, in 1989 and started his career at Stanford University in 1989 until he received tenure in 1994. In 1998 he received a 'genius grant' from the MacArthur Foundation. His works deal with economic history and role of institutions in economic development, including analysis of trade in medieval Europe and Levant. Work Greif specializes in the study of the social institutions that support economic development, and their history, incorporating game theory into his approach to this large subject. Greif is on the board of trustees of the International Society of New Institutional Economics. In ''Institutions and the Path to the Modern Economy: Lessons from Medieval Trade'' (2006), Greif argues th ...
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Wolfgang Streeck
Wolfgang Streeck (; born 27 October 1946) is a German economic sociologist and emeritus director of the Max Planck Institute for the Study of Societies in Cologne. Early life Streeck was born "just outside Münster", the son of refugees – ethnic Germans from eastern Europe displaced by the end of the Second World War. His mother was a Sudeten German from Czechoslovakia. Streeck studied sociology at the Goethe University Frankfurt and pursued graduate studies in the same discipline at Columbia University between 1972 and 1974. Career In 1974 he became assistant professor in sociology at the University of Münster and in 1986 finished his habilitation in sociology at Bielefeld University. Between 1988 and 1995 he worked as professor of sociology and industrial relations at the University of Wisconsin–Madison, returning to Germany in 1995 to take up the post of director of the Max Planck Institute for the Study of Societies and working as professor of sociology at the Univer ...
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