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.
Originele taal-2English
TitelInstitutions in Action
SubtitelThe Nature and the Role of Institutions in the Real World
RedacteurenTiziana Andina, Petar Bojanic
UitgeverijSpringer
Pagina's9-19
Aantal pagina's11
ISBN van elektronische versie978-3-030-32618-0
ISBN van geprinte versie978-3-030-32617-3
DOI's
StatusPublished - 2020

Publicatie series

NaamStudies in the Philosophy of Sociality

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