Institutions and Functions

Francesco Guala, Frank Hindriks

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What is an institution? And what distinguishes one type of institution from another? We answer these questions using a functionalist approach: types of institutions are identified by their function, or the coordination problems they solve; token institutions are specific solutions to these problems, or equilibria of strategic games. The functionalist approach provides some insights into the limits of reform, or the extent to which institutions – like marriage, property, or democracy – can be modified without turning them into entities of a different kind.
Original languageEnglish
Title of host publicationInstitutions in Action
Subtitle of host publicationThe Nature and the Role of Institutions in the Real World
EditorsTiziana Andina, Petar Bojanic
Number of pages11
ISBN (Electronic)978-3-030-32618-0
ISBN (Print)978-3-030-32617-3
Publication statusPublished - 2020

Publication series

NameStudies in the Philosophy of Sociality

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