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Economics of Conventions and Institutionalism: The Outcomes of Interaction

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  • C. Bessy
  • O. Favereau

Abstract

The article continues the analysis of economics of conventions presented in the first part of the paper (Voprosy economiki. 2010. No 7). In particular the authors pay attention to the problems of interdependence of macro- and microlevels of the economic system with respect to the formation of rules, conventions, and institutions. The examples of applied labor market research are provided which has been done in the spirit of the economics of conventions. Principles of institutional change and forms of interaction among rules, conventions, and institutions are also considered.

Suggested Citation

  • C. Bessy & O. Favereau, 2010. "Economics of Conventions and Institutionalism: The Outcomes of Interaction," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 9.
    • Handle: RePEc:nos:voprec:y:2010:id:1072
    DOI: 10.32609/0042-8736-2010-9-26-40
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