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Understanding Institutions by Francesco Guala (Hardback)
£35.00
Available
Product Ref. (e.g. ISBN, SKU)
9780691171784
Published:
02 Aug 2016
Format:
Hardback
Number of pages:
256 pages
Dimensions:
216x140x26mm
Weight:
0.454kgs
Author:
This publication proposes a new unified theory of social institutions that combines the best insights of philosophers and social scientists who have written on this topic. It offers new perspectives on what institutions are, how they work and what they can do for us.
A groundbreaking new synthesis and theory of social institutions
Understanding Institutions proposes a new unified theory of social institutions that combines the best insights of philosophers and social scientists who have written on this topic. Francesco Guala presents a theory that combines the features of three influential views of institutions: as equilibria of strategic games, as regulative rules, and as constitutive rules.
Guala explains key institutions like money, private property, and marriage, and develops a much-needed unification of equilibrium- and rules-based approaches. Although he uses game theory concepts, the theory is presented in a simple, clear style that is accessible to a wide audience of scholars working in different fields. Outlining and discussing various implications of the unified theory, Guala addresses venerable issues such as reflexivity, realism, Verstehen, and fallibilism in the social sciences. He also critically analyses the theory of "looping effects" and "interactive kinds" defended by Ian Hacking, and asks whether it is possible to draw a demarcation between social and natural science using the criteria of causal and ontological dependence. Focusing on current debates about the definition of marriage, Guala shows how these abstract philosophical issues have important practical and political consequences.
Moving beyond specific cases to general models and principles, Understanding Institutions offers new perspectives on what institutions are, how they work, and what they can do for us.
About the Author: Francesco Guala is professor in the Department of Economics, Management, and Quantitative Methods at the University of Milan. He is the author of The Methodology of Experimental Economics and the coeditor, with Daniel Steel, of The Philosophy of Social Science Reader.
| Number of pages | 256 |
|---|
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