Beyond the market-institutions dichotomy: The institutionalism of Douglass C. North in response to Karl Polanyi's challenge
Overview & Synopsis
On the basis of the "challenge" North [1997 (1977)] identified in the works of Polanyi, we propose to outline the originality of North's institutionalism, especially in comparison with "new institutionalism" in economics as well as in sociology. Far from endorsing the dichotomy between market and non market dimensions of economic activities at the basis of the analyses of Williamson and Granovetter, North's definition of institutions as "rules of the game" allows him to conceive of institutions as the institutional foundations of the market and therefore as explanatory principles of historical dynamics.
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Document Information
| Document Title | Beyond the market-institutions dichotomy: The institutionalism of Douglass C. North in response to Karl Polanyi's challenge |
|---|---|
| Author / Organization | Claude Didry, Caroline Vincensini |
| Subject & Discipline | Multidisciplinary Academic Open Research |
| Categories | Science & Mathematics |
| Publication Year | 2011 |
| License / Rights | Open Access / Creative Commons |
| Resource Verification | Listed PDF (Verification Pending) |
| Original Host Website |
HAL Open Science
(hal.science)
|
| File Format | application/pdf (Portable Document Format) |
| Language | EN |
| Catalog ID | DOC-14313 |
| Original Source Link | Visit Source Page on hal.science » |