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Institutional Structures as Benard Taylor Processeses

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Author Info
Purica, Ionut () (** Institute of Economic Forecasting, Romanian Academy)

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Abstract

Considering the epistemic and ontological sense of principles and functions and the way they contribute to the creation and evolution of institutional structures a model was developed in which the reaction-diffusion of mimes (Dawkins) in a human niche (Popper) is described as a Brusselator that presents far from equilibrium stabilities of Benard-Taylor type. These dynamic stabilities area associated with the formation and evolution of institutional structures leading to a new interpretation of Heraclit’s ‘panta rei’ principle in visualizing human institutional history.

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File URL: http://www.ipe.ro/rjef/rjef2_07_6/
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Publisher Info
Article provided by Institute for Economic Forecasting in its journal Romanian Journal of Economic Forecasting.

Volume (Year): 4 (2007)
Issue (Month): 2 (June)
Pages: 69-75
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Handle: RePEc:rjr:romjef:v:4:y:2007:i:1:p:69-75

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Related research
Keywords: institutions Benard-Taylor instabilities reaction diffusion models mimes dynamic

Find related papers by JEL classification:
C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
C61 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Optimization Techniques; Programming Models; Dynamic Analysis
C62 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Existence and Stability Conditions of Equilibrium
D7 - Microeconomics - - Analysis of Collective Decision-Making
D87 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Neuroeconomics

References listed on IDEAS
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  1. Searle, John R., 2005. "What is an institution?," Journal of Institutional Economics, Cambridge University Press, vol. 1(01), pages 1-22, May. [Downloadable!]
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This page was last updated on 2008-9-2.

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