Conduct, Rules And The Origins Of Institutions
Document Type
Article
Publication Date
2015
Abstract
This paper supports the effort by Hindriks and Guala (2014) to integrate the prevailing accounts of institutions. I illustrate with traffic narratives how we can think of their concept of rules-in-equilibrium as evolving from universal elementary forms. These conceptions resonate fully with Smith (1759) who saw rule-following conduct as the basis of human sociality and action.
Recommended Citation
Smith, V.L. (2015). "Conduct, rules and the origins of institutions," Journal of Institutional Economics, Vol. 11, Issue 03, pp 481-483.
Peer Reviewed
1
Copyright
Millennium Economics Ltd/Cambridge University Press
Comments
This article was originally published in Journal of Institutional Economics, volume 11, issue 3, in 2015. The link above is to the authoritative publisher’s version, as noted by the Economic Science Institute, and may reside behind a paywall.