Economía institucional y ciencia económica
AbstractThis article presents a comparative analysis of the approaches of institutional economics and Walrasian economics. After reviewing the differences between both perspectives, it argues that institutional economics is an alternative, however incomplete, to general equilibrium economics. It compares the way both tendencies conceive the individual, knowledge, efficiency and the economic order, to point out the differences. Some methodological discussion derived from these differences is indicated.
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Bibliographic InfoArticle provided by Universidad Externado de Colombia - Facultad de Economía in its journal Revista de Economía Institucional.
Volume (Year): 1 (1999)
Issue (Month): 1 (July-december)
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Web page: http://www.economiainstitucional.com
More information through EDIRC
Institutional economics; Walrasian economics; economic order;
Find related papers by JEL classification:
- B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary
- B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
- B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other
- B49 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Other
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Kirman, A., 1997.
"Interaction and Markets,"
ASSET - Instituto De Economia Publica
166, ASSET (Association of Southern European Economic Theorists).
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- Douglass C. North, 1993. "Five Propositions about Institutional Change," Economic History 9309001, EconWPA.
- Geoffrey M. Hodgson, 1998. "The Approach of Institutional Economics," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 166-192, March.
- Debreu, Gerard, 1986. "Theoretical Models: Mathematical Forms and Economic Content," Econometrica, Econometric Society, vol. 54(6), pages 1259-70, November.
- Douglass C. North, 1996. "Where Have We Been And Where Are We Going?," Economic History 9612001, EconWPA.
- Coase, Ronald, 1998. "The New Institutional Economics," American Economic Review, American Economic Association, vol. 88(2), pages 72-74, May.
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