IDEAS home Printed from https://ideas.repec.org/a/eee/streco/v21y2010i2p147-156.html
   My bibliography  Save this article

Rationality and institutions: reflections on Douglass North

Author

Listed:
  • Daunton, Martin

Abstract

Douglass North questions the assumptions of ergodicity and economic rationality which came to dominate economics; this paper places the emergence of these notions in historical context. North stresses the role of institutions in dealing with a shift from uncertainties in the physical environment to uncertainties in the complex human environment of impersonal exchange. The paper explores the difficulties and weaknesses of his account of this change, focussing in particular on the case of Britain, and the themes of property rights, state structures and warfare.

Suggested Citation

  • Daunton, Martin, 2010. "Rationality and institutions: reflections on Douglass North," Structural Change and Economic Dynamics, Elsevier, vol. 21(2), pages 147-156, May.
    • Handle: RePEc:eee:streco:v:21:y:2010:i:2:p:147-156
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0954-349X(09)00076-9
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Prévost, Benoît & Rivaud, Audrey, 2018. "The World Bank’s environmental strategies: Assessing the influence of a biased use of New Institutional Economics on legal issues," Ecosystem Services, Elsevier, vol. 29(PB), pages 370-380.
    2. Akimowicz, Mikaël & Del Corso, Jean-Pierre & Gallai, Nicola & Képhaliacos, Charilaos, 2022. "The leader, the keeper, and the follower? A legitimacy perspective on the governance of varietal innovation systems for climate changes adaptation. The case of sunflower hybrids in France," Agricultural Systems, Elsevier, vol. 203(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:streco:v:21:y:2010:i:2:p:147-156. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/525148 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.