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Viejos y nuevos institucionalismos bajo el prisma del individualismo institucional


  • Fernando Toboso López

    (Universidad de Valencia)


Must institutional analyses be built on the methodological rules of “methodological individualism” or on those of “methodological holism”, in their several varieties? A middle way mode of explanation exists which Aggasi firstly named it as “institutional individualism” in 1960. The arguments and citations contained here show that this mode of explanation is being used by researchers working upon different perspectives in institutional analysis. This does not necessarily mean that a kind of convergence is occurring. No statement in favor of such a convergence is made in the present article. The paper concludes that the three methodological rules that define «institutional individualism» allow for building analyses less extreme, and also more persuasive, than those traditionally made upon the rules of “methodological individualism» and «methodological holism”.

Suggested Citation

  • Fernando Toboso López, 2011. "Viejos y nuevos institucionalismos bajo el prisma del individualismo institucional," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 77(02), pages 86-125.
  • Handle: RePEc:ekz:ekonoz:2011207

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    institutional individualism; methodological reductionism; holist analyses; old institutional economics; new institutional economics;

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior


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