Institutional Cognitive Economics: some recent developments
By investigating the connection between mind working and institutional processes, Institutional Cognitive Economics turns out to be the most appropriate in order to overcome some limits in New Institutional Economics. This leads us to develop further this approach. This paper integrates F. Hayek’s theory on knowledge production and A. Bandura’s social cognitive theory with the fertile contributions coming from Self-Organization approach and cognitive path-dependence, by considering also the recent cognitive acquisitions in D. North’s analysis. Then, it proposes a further development. Learning process is broken into smaller sub-processes, each of them is investigated through new analytical tools coming from cognitive psychology and neurobiology. They are T. Higgins’s extension of social cognitive theory and semantic priming concept. These mechanisms clarify well reinforcement and evolution processes of institutional norms, while their genesis finds a convincing explanation in social representations’ theory, as it was formulated by S. Moscovici, which investigates the imaginative dimension ordering perceived data before they are processed into new knowledge.
|Date of creation:||15 Jul 2013|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Roberta Patalano, 2007. "Imagination and society. The affective side of institutions," Constitutional Political Economy, Springer, vol. 18(4), pages 223-241, December.
- Oliver Williamson, 2009. "Pragmatic methodology: a sketch, with applications to transaction cost economics," Journal of Economic Methodology, Taylor & Francis Journals, vol. 16(2), pages 145-157.
- North, Douglass C, 1994.
"Economic Performance through Time,"
American Economic Review,
American Economic Association, vol. 84(3), pages 359-68, June.
- Roberta Patalano, 2007. "Mind-Dependence. The Past in the Grip of the Present," Journal of Bioeconomics, Springer, vol. 9(2), pages 85-107, August.
- Richard N. Langlois, 1985. "Knowledge and Rationality in the Austrian School: An Analytical Survey," Eastern Economic Journal, Eastern Economic Association, vol. 11(4), pages 309-330, Oct-Dec.
- Patalano Roberta & Rizzello Salvatore, 2002. "Il concetto di image nel pensiero di Kenneth Boulding e le implicazioni per la teoria economica contemporanea," CESMEP Working Papers 200208, University of Turin.
- Patalano Roberta, 2004. "L'agente che rappresenta se stesso: economia, matematica ed eterogeneità," CESMEP Working Papers 200408, University of Turin.
- Arthur, W Brian, 1989. "Competing Technologies, Increasing Returns, and Lock-In by Historical Events," Economic Journal, Royal Economic Society, vol. 99(394), pages 116-31, March.
- Cristiano Antonelli & Francesco Crespi & Giuseppe Scellato, 2013.
"Internal and external factors in innovation persistence,"
Economics of Innovation and New Technology,
Taylor & Francis Journals, vol. 22(3), pages 256-280, April.
- Antonelli, Cristiano & Crespi, Francesco & Scellato, Giuseppe, 2012. "Internal and external factors in innovation persistence," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201211, University of Turin.
- Patalano, Roberta, 2007. "Resistance to change. Exploring the convergence of institutions, organizations and the mind toward a common phenomenon," MPRA Paper 3342, University Library of Munich, Germany.
- Salvatore Rizzello, 2004. "Knowledge as a Path-Dependence Process," Journal of Bioeconomics, Springer, vol. 6(3), pages 255-274, 09.
- Foster, John, 1997. "The analytical foundations of evolutionary economics: From biological analogy to economic self-organization," Structural Change and Economic Dynamics, Elsevier, vol. 8(4), pages 427-451, October.
- Foster, John, 1993. "Economics and the Self-Organisation Approach: Alfred Marshall Revisited," Economic Journal, Royal Economic Society, vol. 103(419), pages 975-91, July.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:48278. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht)
If references are entirely missing, you can add them using this form.