IDEAS home Printed from https://ideas.repec.org/a/kap/revaec/v34y2021i3d10.1007_s11138-019-00491-8.html
   My bibliography  Save this article

A call for institutional analysis: practicing polycentric political economy in policy research

Author

Listed:
  • Anne Hobson

    (Mercatus Center at George Mason University)

  • Eileen Norcross

    (Mercatus Center at George Mason University)

Abstract

In Public Governance and the Classical Liberal Perspective, Aligica et al. (2019) highlight the importance of conducting institutional analysis and experimentation as a means toward robust, adaptable polycentric governance. For policy researchers, engaging in the practice of polycentric political economy means analyzing the role of alternative governance mechanisms at the constitutional, policy, and operational levels of social interaction. In order to demonstrate how policymakers can engage in institutional analysis at each level, we examine the case study of state regulatory reform. We find that the pursuit of marginal improvements within an existing governance framework can contribute to institutional reform if researchers are focused on long-run institutional change. This requires looking at policy research as part of a process aimed at institutional experimentation and the reimagination of governance frameworks within a polycentric environment where researchers engage in coproduction of an adaptive and sustainable governance system.

Suggested Citation

  • Anne Hobson & Eileen Norcross, 2021. "A call for institutional analysis: practicing polycentric political economy in policy research," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 34(3), pages 347-359, September.
    • Handle: RePEc:kap:revaec:v:34:y:2021:i:3:d:10.1007_s11138-019-00491-8
    DOI: 10.1007/s11138-019-00491-8
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11138-019-00491-8
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11138-019-00491-8?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

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

    References listed on IDEAS

    as
    1. James Buchanan, 1990. "The domain of constitutional economics," Constitutional Political Economy, Springer, vol. 1(1), pages 1-18, December.
    2. Bentley Coffey & Patrick McLaughlin & Pietro Peretto, 2020. "The Cumulative Cost of Regulations," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 38, pages 1-21, October.
    3. Michael McGinnis & James Walker, 2010. "Foundations of the Ostrom workshop: institutional analysis, polycentricity, and self-governance of the commons," Public Choice, Springer, vol. 143(3), pages 293-301, June.
    4. Elinor Ostrom, 2010. "Beyond Markets and States: Polycentric Governance of Complex Economic Systems," American Economic Review, American Economic Association, vol. 100(3), pages 641-672, June.
    5. Runst, Petrik & Wagner, Richard E., 2011. "Choice, emergence, and constitutional process: a framework for positive analysis," Journal of Institutional Economics, Cambridge University Press, vol. 7(1), pages 131-145, March.
    6. Jones, Laura, 2015. "Cutting Red Tape in Canada: A Regulatory Reform Model for the United States?," Annals of Computational Economics, George Mason University, Mercatus Center, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Droste, Nils & Lienhoop, Nele & Hansjürgens, Bernd, 2021. "Local participatory budgeting in a multilevel government – an institutional analysis of Ecuadorian municipal expenditure policies," SocArXiv w6usk, Center for Open Science.
    2. Trent J. MacDonald, 2019. "The Political Economy of Non-Territorial Exit," Books, Edward Elgar Publishing, number 18871.
    3. Darcy W E Allen, 2020. "When Entrepreneurs Meet:The Collective Governance of New Ideas," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number q0269, August.
    4. Richard E. Wagner, 2012. "Deficits, Debt, and Democracy," Books, Edward Elgar Publishing, number 14477.
    5. ., 2019. "Economic theory of non-territorial unbundling," Chapters, in: The Political Economy of Non-Territorial Exit, chapter 1, pages 14-38, Edward Elgar Publishing.
    6. Peter J. Boettke & Rosolino A. Candela, 2017. "Rational choice as if the choosers were human," Chapters, in: Morris Altman (ed.), Handbook of Behavioural Economics and Smart Decision-Making, chapter 4, pages 68-85, Edward Elgar Publishing.
    7. Wolsink, Maarten, 2020. "Distributed energy systems as common goods: Socio-political acceptance of renewables in intelligent microgrids," Renewable and Sustainable Energy Reviews, Elsevier, vol. 127(C).
    8. Seny Kan, Konan A. & Agbodjo, Serge & Gandja, Serge V., 2021. "Accounting polycentricity in Africa: Framing an ‘accounting and development’ research agenda," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 78(C).
    9. Eloi Laurent & Jean Jouzel, 2018. "The Well-being Transition: Measuring what counts to protect what matters," SciencePo Working papers Main hal-03458057, HAL.
    10. Roland Kirstein & Matthias Peiss, 2013. "Quantitative Machtkonzepte in der Ökonomik," FEMM Working Papers 130004, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    11. Frimpong Boamah, Emmanuel, 2018. "Constitutional economics of Ghana’s decentralization," World Development, Elsevier, vol. 110(C), pages 256-267.
    12. Moeliono, Moira & Brockhaus, Maria & Gallemore, Caleb & Dwisatrio, Bimo & Maharani, Cynthia D. & Muharrom, Efrian & Pham, Thuy Thu, 2020. "REDD+ in Indonesia: A new mode of governance or just another project?," Forest Policy and Economics, Elsevier, vol. 121(C).
    13. Górriz-Mifsud, Elena & Olza Donazar, Luis & Montero Eseverri, Eduardo & Marini Govigli, Valentino, 2019. "The challenges of coordinating forest owners for joint management," Forest Policy and Economics, Elsevier, vol. 99(C), pages 100-109.
    14. McLaughlin, Patrick & Potts, Jason, 2019. "RegData: Australia," Working Papers 10062, George Mason University, Mercatus Center.
    15. McCloskey Deirdre Nansen, 2018. "The Two Movements in Economic Thought, 1700–2000: Empty Economic Boxes Revisited," Man and the Economy, De Gruyter, vol. 5(2), pages 1-20, December.
    16. Martin G. Kocher & Fangfang Tan & Jing Yu, 2018. "Providing Global Public Goods: Electoral Delegation And Cooperation," Economic Inquiry, Western Economic Association International, vol. 56(1), pages 381-397, January.
    17. Jorge M. Streb & Gustavo Torrens, 2011. "Meaningful talk," CEMA Working Papers: Serie Documentos de Trabajo. 443, Universidad del CEMA, revised May 2017.
    18. Dustin Chambers & Patrick A. McLaughlin & Oliver Sherouse, 2023. "Regulation, entrepreneurship, and dynamism," Empirical Economics, Springer, vol. 64(5), pages 2449-2466, May.
    19. Andy Gouldson & Rory Sullivan, 2014. "Understanding the Governance of Corporations: An Examination of the Factors Shaping UK Supermarket Strategies on Climate Change," Environment and Planning A, , vol. 46(12), pages 2972-2990, December.
    20. Viktor J. Vanberg, 2023. "Liberalism and democracy: legitimacy and institutional expediency," Public Choice, Springer, vol. 195(3), pages 251-268, June.

    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:kap:revaec:v:34:y:2021:i:3:d:10.1007_s11138-019-00491-8. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.