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Coevolution of economic behaviour and institutions: towards a theory of institutional change

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Author Info
Jeroen Bergh ()
Sigrid Stagl ()

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Abstract

Traditionally, economics has regarded institutions, notably norms and regulations, as fixed or exogenous. Surprisingly few insights on institutional evolution from natural and social sciences have made their way into economics. This article gives an overview of evolutionary theories of institutions in biology, sociology, anthropology and economics. These theories are subsequently compared with non-evolutionary theories of institutions. Next, the insights and approaches are integrated into a framework for analysis of institutions based on the notion of coevolution. Copyright Springer Verlag Berlin/Heidelberg 2003

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File URL: http://hdl.handle.net/10.1007/s00191-003-0158-8
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Publisher Info
Article provided by Springer in its journal Journal of Evolutionary Economics.

Volume (Year): 13 (2003)
Issue (Month): 3 (August)
Pages: 289-317
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Handle: RePEc:spr:joevec:v:13:y:2003:i:3:p:289-317

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Related research
Keywords: Altruism; Cooperation; Culture; Dual inheritance; Evolutionary psychology; Group selection; Norms; Social psychology; Sociobiology;

Cited by:
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  1. Jeroen Van den Bergh & Frans Oosterhuis, 2005. "An Evolutionary Economic Analysis of Energy Transitions," ERSA conference papers ersa05p823, European Regional Science Association. [Downloadable!]
  2. Jose Maria Cubillo-Pinilla, 2003. "Entrepreneurship and performance around MNC affiliates," Economics Working Papers we033012, Universidad Carlos III, Departamento de Economía. [Downloadable!]
  3. Jeroen C.J.M. van den Bergh & Giorgos Kallis, 2009. "Evolutionary Policy," Papers on Economics and Evolution 2009-02, Max Planck Institute of Economics, Evolutionary Economics Group. [Downloadable!]
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