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Institutionalism
Institutionalism may refer to: * Institutional theory, an approach to the study of politics that focuses on formal institutions of government * New institutionalism, a social theory that focuses on developing a sociological view of institutions, the way they interact and the effects of institutions on society * Institutional economics, an economic school approaching economic issues from a macro sociological point of view * New institutional economics, an economic school that analyzes social norms, organizational arrangements etc. * Historical institutionalism, a social science method of inquiry that uses institutions as subject of study in order to find, measure and trace patterns and sequences of social, political, economic behavior and change across time and space * Institutionalism in political parties Party institutionalism is an approach that sees political parties as having some capacities for adaptation, but also sees them as being "prisoners of their own history as an inst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Historical Institutionalism
Historical institutionalism (HI) is a new institutionalist social science approach that emphasizes how timing, sequences and path dependence affect institutions, and shape social, political, economic behavior and change. Unlike functionalist theories and some rational choice approaches, historical institutionalism tends to emphasize that many outcomes are possible, small events and flukes can have large consequences, actions are hard to reverse once they take place, and that outcomes may be inefficient. A critical juncture may set in motion events that are hard to reverse, because of issues related to path dependency. Historical institutionalists tend to focus on history (longer temporal horizons) to understand why specific events happen. The term "Historical Institutionalism" began appearing in publications in the early 1990s, although it had been used in the late 1980s. The most widely cited historical institutionalist scholars are Peter Hall, Paul Pierson, Theda Skocpol, Do ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Institutionalism
Neo institutionalism (also referred to as neo-institutionalist theory or institutionalism) is an approach to the study of institutions that focuses on the constraining and enabling effects of formal and informal rules on the behavior of individuals and groups. New institutionalism traditionally encompasses three major strands: sociological institutionalism, rational choice institutionalism, and historical institutionalism. New institutionalism originated in work by sociologist John Meyer published in 1977. History The study of institutions and their interactions has been a focus of academic research for many years. In the late 19th and early 20th century, social theorists began to systematize this body of literature. One of the most prominent examples of this was the work of German economist and social theorist Max Weber; Weber focused on the organizational structure (i.e. bureaucracy) within society, and the institutionalization created by means of the iron cage which organiz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institutional Economics
Institutional economics focuses on understanding the role of the Sociocultural evolution, evolutionary process and the role of institutions in shaping Economy, economic Human behavior, behavior. Its original focus lay in Thorstein Veblen's instinct-oriented dichotomy between technology on the one side and the "ceremonial" sphere of society on the other. Its name and core elements trace back to a 1919 ''American Economic Review'' article by Walton H. Hamilton. Institutional economics emphasizes a broader study of institutions and views markets as a result of the complex interaction of these various institutions (e.g. individuals, firms, states, social norms). The earlier tradition continues today as a leading Heterodox economics, heterodox approach to economics.Warren Samuels, Warren J. Samuels ([1987] 2008). "institutional economics," ''The New Palgrave: A Dictionary of Economics''Abstract. "Traditional" institutionalism rejects the ''reduction'' of institutions to simply tastes, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institutionalism In Political Parties
Party institutionalism is an approach that sees political parties as having some capacities for adaptation, but also sees them as being "prisoners of their own history as an institution". Aspects of the ideology that a party had when it was founded, persists even though the conditions and the party-base in society have changed. Scholars of this approach claim that the party's history determines how the party adapts to modern day challenges.Panebianco, Angelo (1988) ''Political parties: organization and power''. Cambridge: Cambridge University PressGoogle Books/ref> The left–right is still central in order to understand a party's policy, but the core of these theories is to compare the party's beliefs and values today with the ones at their founding. In analyzing a party's ideological orientation we must begin by analyzing the very origin of the party. One framework within this tradition is offered by Klaus von Beyme who identifies nine party-groups, or "familles spirituelles", ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institutional Theory
In sociology and organizational studies, institutional theory is a theory on the deeper and more resilient aspects of social structure. It considers the processes by which structures, including schemes, rules, norms, and routines, become established as authoritative guidelines for social behavior. Different components of institutional theory explain how these elements are created, diffused, adopted, and adapted over space and time; and how they fall into decline and disuse. Overview In defining institutions, according to William Richard Scott (1995, 235), there is "no single and universally agreed definition of an 'institution' in the institutional school of thought." Scott (1995:33, 2001:48) asserts that: According to Scott (2008), institutional theory is "a widely accepted theoretical posture that emphasizes productivity, ethics, and legitimacy." Researchers building on this perspective emphasize that a key insight of institutional theory is ethics: rather than necessaril ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Institutional Economics
New Institutional Economics (NIE) is an economic perspective that attempts to extend economics by focusing on the institutions (that is to say the social and legal norms and rules) that underlie economic activity and with analysis beyond earlier institutional economics and neoclassical economics. The NIE assume that individuals are rational and that they seek to maximize their preferences, but that they also have cognitive limitations, lack complete information and have difficulties monitoring and enforcing agreements. As a result, institutions form in large part as an effective way to deal with transaction costs. NIE rejects that the state is a neutral actor (rather, it can hinder or facilitate effective institutions), that there are zero transaction costs, and that actors have fixed preferences. Overview It has its roots in two articles by Ronald Coase, " The Nature of the Firm" (1937) and " The Problem of Social Cost" (1960). In the latter, the Coase theorem (as it was su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
