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Studying Institutions

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  • Kenneth A. Shepsle

Abstract

This article examines recent developments in a literature referred to as `the new institutionalism'. After reviewing some of the consequences for the study of institutions of the behavioral revolution and the elaboration of Arrovian theories of social choice, the author develops the theory of structure-induced equilibrium and explores the two sides of the institutional coin - an examination of the consequences of institutional structure and an explanation of the development of institutional structure.

Suggested Citation

  • Kenneth A. Shepsle, 1989. "Studying Institutions," Journal of Theoretical Politics, , vol. 1(2), pages 131-147, April.
    • Handle: RePEc:sae:jothpo:v:1:y:1989:i:2:p:131-147
    DOI: 10.1177/0951692889001002002
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    References listed on IDEAS

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    1. Fama, Eugene F & Jensen, Michael C, 1983. "Separation of Ownership and Control," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 301-325, June.
    2. Kenneth Shepsle & Barry Weingast, 1981. "Structure-induced equilibrium and legislative choice," Public Choice, Springer, vol. 37(3), pages 503-519, January.
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    7. Weingast, Barry R & Marshall, William J, 1988. "The Industrial Organization of Congress; or, Why Legislatures, Like Firms, Are Not Organized as Markets," Journal of Political Economy, University of Chicago Press, vol. 96(1), pages 132-163, February.
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    14. McKelvey, Richard D., 1976. "Intransitivities in multidimensional voting models and some implications for agenda control," Journal of Economic Theory, Elsevier, vol. 12(3), pages 472-482, June.
    15. Shepsle, Kenneth A & Weingast, Barry R, 1982. "Institutionalizing Majority Rule: A Social Choice Theory with Policy Implications," American Economic Review, American Economic Association, vol. 72(2), pages 367-371, May.
    16. Kenneth Shepsle, 1986. "The positive theory of legislative institutions: an enrichment of social choice and spatial models," Public Choice, Springer, vol. 50(1), pages 135-178, January.
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