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An Application of Searle’S Theory of Social Phenomena to New Institutional Economics

Author

Listed:
  • Javier Legris

    (Instituto Interdisciplinario de Economía Política de Buenos Aires - UBA - CONICET)

  • Paulo Pascuini

    (Instituto Interdisciplinario de Economía Política de Buenos Aires - UBA - CONICET)

Abstract

In Economics the notion of institution is not sufficiently defined, at least not in a formal way. In this paper, some elements of Searle’s foundation for the formal study of social phenomena are taken to propose a more comprehensive and formal characterization of the concept. Also, for the purposes of an intuitive understanding of the proposal’s attributes, it is tried out an application to the concept of institution in the case of New Institutional Economics, at least Williamson’s account (1975).

Suggested Citation

  • Javier Legris & Paulo Pascuini, 2018. "An Application of Searle’S Theory of Social Phenomena to New Institutional Economics," Documentos de trabajo del Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET) 2018-36, Universidad de Buenos Aires, Facultad de Ciencias Económicas, Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET).
    • Handle: RePEc:ake:iiepdt:201836
    as

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    References listed on IDEAS

    as
    1. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    2. repec:dau:papers:123456789/12319 is not listed on IDEAS
    3. Andreea Oana Iacobuta, 2007. "The emergence and evolution of institutions. Connections between institutional economics and the austrian school," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 54, pages 133-137, November.
    4. Brousseau,Éric & Glachant,Jean-Michel (ed.), 2008. "New Institutional Economics," Cambridge Books, Cambridge University Press, number 9780521876605, October.
    5. Brousseau,Éric & Glachant,Jean-Michel (ed.), 2008. "New Institutional Economics," Cambridge Books, Cambridge University Press, number 9780521700160, October.
    6. Searle, John R., 2005. "What is an institution?," Journal of Institutional Economics, Cambridge University Press, vol. 1(1), pages 1-22, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    New Institutional Economics; Institution; John Searle; Philosophy of Sociality; Philosophy of Economics;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights

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