This paper is one of two working papers concerning the waste management sector transition project run from MERIT under the direction of René Kemp. This paper examines some of the numerous meanings and interpretations associated with the words “institution” and “institutions” and the different levels at which the two notions are employed. Institutionalism, institutionalization, institutional change and related terms are discussed followed by an examination of the links between “institutionalism” and the discipline of economics. The analytical, policy and political implications of the institutionalist approach are discussed and ways in which the institutionalist approach may be applied to changes in the economy during transitions are explored.
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Paper provided by EconWPA in its series Others with number
0303001.
Length: 42 pages Date of creation: 25 Mar 2003 Date of revision: Handle: RePEc:wpa:wuwpot:0303001
Note: Type of Document - Acrobat PDF; prepared on IBM PC; to print on A4 paper ; pages: 42 . Typed in Microsoft Word and submitted as Acrobat pdf Contact details of provider: Web page: http://129.3.20.41
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Find related papers by JEL classification: B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
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