IDEAS home Printed from https://ideas.repec.org/a/cpo/journl/y2003i44p165-179.html
   My bibliography  Save this article

Game Theory and Institutions

Author

Listed:
  • Bernard WALLISER

Abstract

The genesis of institutions can be treated by game theory, which is expressed at a sufficiently general level, considers direct relations among agents not mediated by former institutions and respects a sophisticated methodological individualism. In that framework, if interested not in the voluntary design of an institution but in the spontaneous arise of an institution, the last will be considered as an emergent structure of the game and practically as an equilibrium state of the game. Hence, the genesis of an institution parallels the genesis of an equilibrium, either by an educative process where the agents are able to induce it from their sole reasoning, or by an evolutionist process where it results from a learning mechanism foIIowed by the agents.

Suggested Citation

  • Bernard WALLISER, 2003. "Game Theory and Institutions," Cahiers d’économie politique / Papers in Political Economy, L'Harmattan, issue 44, pages 165-179.
    • Handle: RePEc:cpo:journl:y:2003:i:44:p:165-179
    as

    Download full text from publisher

    File URL: http://www.cairn.info/acheter_article.php?ID_ARTICLE=CEP_044_0165
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Neil Martin, 2016. "Strategy as Mutually Contingent Choice," SAGE Open, , vol. 6(2), pages 21582440166, May.

    More about this item

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • D00 - Microeconomics - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cpo:journl:y:2003:i:44:p:165-179. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Carlos Andrés Vasco Correa (email available below). General contact details of provider: http://www.cahiersdecopo.fr/fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.