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Rechtsordnung und Handelnsordnung

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  • Streit Manfred E.

Abstract

The article commemorates a lecture with the same title presented by Hayek as a contribution to a lecture series offered by his Freiburg faculty during the winter-term 1966/67. By drawing on Hayek’s contribution some basic research themes of institutional economics are presented, i.e., the emergence, the incidence and the change of institutions. First, the relationship between human cognition and the emergence of institutions are analysed. Thereafter the author considers the hypothesis that the economic order, particularly the spontaneous order of the market, is based on corresponding institutions. This allows to deal with Hayek’s understanding of order which contains elements of criticism of the neoclassical theory of allocation and of welfare. Finally, institutional change and, related to it, institutional competition or competition among institutional systems as a factor of institutional change are discussed.

Suggested Citation

  • Streit Manfred E., 1999. "Rechtsordnung und Handelnsordnung," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 50(1), pages 93-104, January.
    • Handle: RePEc:bpj:ordojb:v:50:y:1999:i:1:p:93-104:n:11
    DOI: 10.1515/ordo-1999-0111
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    References listed on IDEAS

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    1. Peter J. Boettke (ed.), 1994. "The Elgar Companion to Austrian Economics," Books, Edward Elgar Publishing, number 53.
    2. Eggertsson,Thrainn, 1990. "Economic Behavior and Institutions," Cambridge Books, Cambridge University Press, number 9780521348911, Enero-Abr.
    3. Israel Kirzner, 1998. "Coordination as a Criterion for Economic “Goodness”," Constitutional Political Economy, Springer, vol. 9(4), pages 289-301, December.
    4. Vanberg, Viktor, 1986. "Spontaneous Market Order and Social Rules," Economics and Philosophy, Cambridge University Press, vol. 2(1), pages 75-100, April.
    5. Voigt Stefan, 1991. "Die evolutionsorientierte Theorie der Verfassung – Bemerkungen zum Ansatz von Hayeks –," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 40(1-3), pages 93-108, September.
    6. Wolfgang Kasper & Manfred E. Streit, 1999. "Institutional Economics," Books, Edward Elgar Publishing, number 1582.
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    Cited by:

    1. Burr, Wolfgang & Frohwein, Torsten, 2012. "Regelbrüche in Organisationen," Research Papers on Innovation, Services and Technology 1/2012, University of Stuttgart, Institute of Business Administration, Department I - Institute of Research & Development and Innovation Management.
    2. Streit Manfred E., 2000. "Institutionen als Kognitionsproblem - Bemerkungen zu einer neurosensorischen Vermutung," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 51(1), pages 119-126, January.
    3. Wandel, Jürgen, 2011. "Integrierte Strukturen im Agrar- und Ernährungssektor Russlands: Entstehungsgründe, Funktionsweise, Entwicklungsperspektiven und volkswirtschaftliche Auswirkungen. Band I und II," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 63, number 63.

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