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Coevolving Relationships between Political Science and Economics

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  • Elinor Ostrom

    (Indiana University)

Abstract

During the last 50 years, at least four interdisciplinary developments have occurred at the boundaries of political science and economics that have affected the central questions that both political scientists and economists ask, the empirical evidence amassed as a new foundation for understanding political economies, and new questions for future research. These include: (1) the Public Choice Approach, (2) the Governance of the Commons debate, (3) New Institutional Economics, and (4) Behavioral Approaches to Explaining Human Actions. In this short essay, I briefly review the challenges that these approaches have brought to political science and some of the general findings stimulated by these approaches before identifying some of the major issues on the contemporary agenda.

Suggested Citation

  • Elinor Ostrom, 2012. "Coevolving Relationships between Political Science and Economics," Rationality, Markets and Morals, Frankfurt School Verlag, Frankfurt School of Finance & Management, vol. 3(54), May.
    • Handle: RePEc:rmm:journl:v:3:y:2012:i:54
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    Cited by:

    1. Bruno S. Frey & Lasse Steiner, 2012. "Political Economy: Success or Failure?," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 6(3), September.
    2. Barbashin, Maksim, 2014. "Методологические Возможности “Блумингтонской Школы”: И Перспективы Развития Современного Неоинституционализма [The Formation of the “Bloomington School”: Methodological Opportunities and Perspectiv," MPRA Paper 82034, University Library of Munich, Germany.
    3. Jérôme Ballet & Emmanuel Petit & Delphine Pouchain, 2018. "What mainstream economics should learn from the ethics of care," Post-Print hal-02145302, HAL.

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