The future of new institutional economics: from early intuitions to a new paradigm?

C Ménard, MM Shirley - Journal of Institutional Economics, 2014 - cambridge.org
The trajectory of institutional economics changed in the 1970s when new institutional
economics (NIE) began to take shape around some relative vague intuitions which
eventually developed into powerful conceptual and analytical tools. The emergence of NIE
is a success story by many measures: four Nobel laureates in less than 20 years, increasing
penetration of mainstream journals, and significant impacts on major policy debates. This
rapid acceptance is remarkable when we consider that it was divided from birth into distinct …

The future of new institutional economics: from early intuitions to a new paradigm?

M Claude, MM Shirley - Journal of Institutional Economics, 2014 - econpapers.repec.org
The trajectory of institutional economics changed in the 1970s when new institutional
economics (NIE) began to take shape around some relative vague intuitions which
eventually developed into powerful conceptual and analytical tools. The emergence of NIE
is a success story by many measures: four Nobel laureates in less than 20 years, increasing
penetration of mainstream journals, and significant impacts on major policy debates. This
rapid acceptance is remarkable when we consider that it was divided from birth into distinct …
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