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Hume y la teoria institucional

Author

Listed:
  • Carlos Mellizo

    (Universidad de Wyoming)

Abstract

This paper shows the links between Hume’s philosophy of customs, and the basic principles of institutional theory. This relationship has been suggested by contemporary economists such as Vernon Smith and others, who see in Hume the origins of today’s broadly accepted dichotomy between constructive and ecological reasoning, essential to institutional thinking. For Hume habit, as the main guide of life, can be used to comprehend individual and collective behavioural patterns. The question is whether his reflections on the subject are consistent with the foundations of his own philosophy of belief.

Suggested Citation

  • Carlos Mellizo, 2005. "Hume y la teoria institucional," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 7(13), pages 69-80, July-Dece.
    • Handle: RePEc:rei:ecoins:v:7:y:2005:i:13:p:69-80
    as

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    File URL: http://www.uexternado.edu.co/facecono/ecoinstitucional/workingpapers/cmellizo13.pdf
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    References listed on IDEAS

    as
    1. Vernon L. Smith, 2003. "Constructivist and Ecological Rationality in Economics," American Economic Review, American Economic Association, vol. 93(3), pages 465-508, June.
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    More about this item

    Keywords

    Hume; institutional theory; habit; patterns of behaviour;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;

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