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The connections between the Austrian tradition and some of the recent developments relating to the economic analysis of institutions

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Author Info
Pierre Garrouste ()

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Abstract

This paper has two aims. First, it studies the way the Austrian theory of institutions evolved from the main works of Menger. Second, and most significantly, it tries to justify the idea that the economic analysis of institutions was inspired more or less explicitly by Menger’s thesis but more generally by the Austrian intuitions and thesis. These intuitions and theses are however amended in order to make them more formalized as well as testable.

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File URL: http://www.icer.it/docs/wp2004/Garrouste31-04.pdf
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Publisher Info
Paper provided by ICER - International Centre for Economic Research in its series ICER Working Papers with number 31-2004.

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Length: 24 pages
Date of creation: Nov 2003
Date of revision:
Handle: RePEc:icr:wpicer:31-2004

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Related research
Keywords: Menger; Austrian tradition; emergence of the institutions; economic analysis of institutions.;

Find related papers by JEL classification:
B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian
B3 - Schools of Economic Thought and Methodology - - History of Thought: Individuals
D0 - Microeconomics - - General

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This page was last updated on 2009-11-18.

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