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History and cultural evolution: measuring the relationship through the Wikipedia network 历史与文化演变：通过维基百科网络衡量两者之间的关系
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-03-07 DOI: 10.1017/s1744137424000043
Matthew J. Histen
{"title":"History and cultural evolution: measuring the relationship through the Wikipedia network","authors":"Matthew J. Histen","doi":"10.1017/s1744137424000043","DOIUrl":"https://doi.org/10.1017/s1744137424000043","url":null,"abstract":"<p>Even at long time horizons, modern outcomes are in some sense bounded by history. Culture shapes how people interact and as it propagates across generations, groups with more common ancestors face less frictions to cooperation. This, in turn, affects institutional and technological diffusion, implying a society's history plays a crucial role in the causes of sustained long-run economic growth. To test this, we follow other studies by proxying for historical effects with genetic relatedness, which yields a temporal proportionality of shared common ancestry. Measuring cultural traits are more challenging. We develop a new systematic measure through network analysis of Wikipedia. Connectivity statistics over the encyclopaedia's hyperlink-directed network captures unique features of cultural relatedness. Further, as we index pages, we can coarsen the network into specific topics. The results show how history correlates broadly over a range of cultural factors. Differences across the coarsened networks demonstrate not simply that history matters, but where it matters less.</p>","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":"43 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140173014","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Hayek's extended mind: on the (im)possibility of Austrian behavioural economics 哈耶克的扩展思维：论奥地利行为经济学的（不）可能性
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-03-07 DOI: 10.1017/s1744137424000055
Erwin Dekker, Blaž Remic
{"title":"Hayek's extended mind: on the (im)possibility of Austrian behavioural economics","authors":"Erwin Dekker, Blaž Remic","doi":"10.1017/s1744137424000055","DOIUrl":"https://doi.org/10.1017/s1744137424000055","url":null,"abstract":"Recent work has argued for a Hayekian behavioural economics, which combines Austrian economics with behavioural economics as developed by Kahneman, Thaler, Sunstein, and others. We suggest that this hybrid is misguided because it relies on individual cognitivism. This view of cognition is incompatible with the Hayekian view of cognition which treats rationality as an emergent phenomenon of social interaction in an institutional environment. This Hayekian view, which we call epistemic institutionalism, is compatible with an alternative prominent perspective in psychology, that of the extended mind, sometimes known as 4E cognition. We demonstrate how the Hayekian perspective on individualism, the price system, and the evolution of rules can be connected to the extended mind programme, through concepts such as the coupling of the individual and their environment, cognitive off-loading, and affordances. We suggest that this alternative combination of Austrian economics and psychology provides a more fruitful way forward, especially because it foregrounds the processes of learning, error-correction, and institutional orders, rather than choice, bias, and individual rationality. To explain why Austrian economists have been receptive to behavioural economics, we distinguish epistemic institutionalism from the (radical) subjectivist approach, which shares key assumptions of individual cognitivism.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":"2014 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140071566","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Individualism, universalism and climate change 个人主义、普遍主义与气候变化
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-02-20 DOI: 10.1017/s174413742400002x
Elodie Douarin, Tim Hinks
{"title":"Individualism, universalism and climate change","authors":"Elodie Douarin, Tim Hinks","doi":"10.1017/s174413742400002x","DOIUrl":"https://doi.org/10.1017/s174413742400002x","url":null,"abstract":"Is ‘individualism’ pure selfishness? The climate change literature often assumes so. However, individualism can be seen as capturing values aligned with self-determination and self-achievement but also universalism. Indeed, cultural psychology recognises individualism as reflecting both personal agency and one's embeddedness, not in narrowly defined in-groups, but in society broadly. Through this lens, individualism can be consistent with adopting pro-social behaviours, including climate-friendly behaviours. But the under-exploration of the concept means empirical evidence is limited. Using cross-country, cross-sectional data we find that individualistic values are associated with an increased willingness to take individual-level actions against climate change. Individualism is also not associated with less support for additional taxes levied to fight climate change, and those willing to take more individual level actions against climate change are also more supportive of additional climate change taxes. Overall, our results confirm that individualism can be associated with taking actions for the greater good.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":"9 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139950083","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Mapping inflation to economic freedom in the post-COVID era 后《经济、社会、文化权利国际公约》时代通货膨胀与经济自由的关系
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-02-16 DOI: 10.1017/s1744137424000018
Ryan H. Murphy
{"title":"Mapping inflation to economic freedom in the post-COVID era","authors":"Ryan H. Murphy","doi":"10.1017/s1744137424000018","DOIUrl":"https://doi.org/10.1017/s1744137424000018","url":null,"abstract":"The <jats:italic>Economic Freedom of the World</jats:italic> report measures five dimensions of economic freedom, one of them being Sound Money. Compared to where it had been in decades for most of the West, inflation skyrocketed in 2021. Yet the indicator which measures inflation in the most recent year barely budged due to how it is specified and parameterized. This paper explores potential improvements on the methodology, although ultimately only modest improvements are achieved over simply changing the value of inflation that corresponds to zero (the lowest index score) in the simplest linear specification.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":"11 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139764423","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Yoram Barzel: commemorating the life of an institutional economist 约拉姆-巴尔泽尔：纪念制度经济学家的一生
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-02-15 DOI: 10.1017/s1744137424000031
Douglas W. Allen
{"title":"Yoram Barzel: commemorating the life of an institutional economist","authors":"Douglas W. Allen","doi":"10.1017/s1744137424000031","DOIUrl":"https://doi.org/10.1017/s1744137424000031","url":null,"abstract":"Yoram Barzel was a Chicago trained price theorist who became a foundational contributor to the literature on property rights and transaction costs. In this commemoration I outline the academic path he took, but then concentrate on the set of transformative ideas he had that led to ‘the theory of economic property rights’. It was Yoram's belief that such a theory is the ground floor for the study of the organization of economic activity, and therefore, should be used to understand the structure and form of law, institutions, firms, and all other forms of organization.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":"11 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139764422","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Legitimacy of government and governance 政府和治理的合法性
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-01-30 DOI: 10.1017/s1744137423000334
Imran Arif, Nabamita Dutta
{"title":"Legitimacy of government and governance","authors":"Imran Arif, Nabamita Dutta","doi":"10.1017/s1744137423000334","DOIUrl":"https://doi.org/10.1017/s1744137423000334","url":null,"abstract":"This paper highlights scholarly neglect of political legitimacy, the idea of a state's use of power in ways acceptable to its citizens. We argue that political legitimacy affects a state's ability to formulate and implement its policies, thus affecting governance. Our paper provides the first empirical evidence of the positive relationship between political legitimacy and governance. We combine novel cross-sectional data on political legitimacy and several governance indicators from 66 countries. Our results show that a one-standard-deviation increase in the legitimacy score increases the rule of law indicator by about one-third standard deviation. These results are robust across OLS, an instrumental variable method, and several other governance indicators. Moreover, our results reveal that in the presence of greater trust, political legitimacy has an enhanced impact on governance.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":"2 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139649456","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A needs theory of governance: taking transaction cost theory back to humanistic economics and self-actualisation 治理的需求理论：让交易成本理论回归人文经济学和自我实现
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-01-26 DOI: 10.1017/s1744137423000401
Silvia Sacchetti, Ermanno Tortia
{"title":"A needs theory of governance: taking transaction cost theory back to humanistic economics and self-actualisation","authors":"Silvia Sacchetti, Ermanno Tortia","doi":"10.1017/s1744137423000401","DOIUrl":"https://doi.org/10.1017/s1744137423000401","url":null,"abstract":"In this paper we seek to integrate human needs and self-actualisation into the design of organisational governance. We problematise the assumptions that guide established justifications for governance, thus providing an opportunity for this type of theoretical approach. Drawing on Maslow's human psychology, we consider the potentially regressive features of the prescriptions of transaction cost theory (TCT), particularly the new institutionalist approach, and suggest inclusiveness as a mode of coordination that firms may wish to pursue to enhance self-actualisation. The main value added of this contribution is to highlight the need to discern among modes of governance design, using criteria of welfare maximisation by enabling opportunities for self-actualisation within the firm, different from the TCT focus on internal efficiency.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":"6 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139590055","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The institutional environment and gig platform transaction cost solutions 制度环境和千兆平台交易成本解决方案
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-01-25 DOI: 10.1017/s1744137423000383
Svetlana Golovanova, Eduardo Pontual Ribeiro, Evgeny Styrin, Ivan Makarov
{"title":"The institutional environment and gig platform transaction cost solutions","authors":"Svetlana Golovanova, Eduardo Pontual Ribeiro, Evgeny Styrin, Ivan Makarov","doi":"10.1017/s1744137423000383","DOIUrl":"https://doi.org/10.1017/s1744137423000383","url":null,"abstract":"A growing number of labour market participants transact through gig platforms. This choice should reflect a reduction in transaction costs for platform users, compared to costs they meet when using alternative modes of governance. We exploit a unique cross-platform, cross-country data set of gig platform users to test the impact of the institutional environment in one of its dimensions – the strictness of labour market regulation (LMR) – on the ability of gig platforms to reduce users' transaction costs. According to our findings, the regulation indicator of both the user and platform countries influences transaction costs for platform users, even controlling for platform and user characteristics. The platform appears to reduce transaction costs most when users face stricter <jats:italic>or</jats:italic> weaker LMR, in a U-shaped effect. In the former case, the platform may provide an escape from labour regulations when hiring for tasks, while in the latter case, the platform can economize on the usual transaction costs of private contracting by administrating some types of users' activities.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":"9 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139589879","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Ancestral institutions and the salience of African ethnicity: Theory and Evidence 祖先制度和非洲种族的显著性：理论与证据
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-01-15 DOI: 10.1017/s1744137423000371
Abreham Adera
{"title":"Ancestral institutions and the salience of African ethnicity: Theory and Evidence","authors":"Abreham Adera","doi":"10.1017/s1744137423000371","DOIUrl":"https://doi.org/10.1017/s1744137423000371","url":null,"abstract":"This paper advances a pre-colonial institutional thesis to explain the variation in the salience of ethnicity in African societies. It posits that pre-colonial political centralization facilitated the accumulation of economic and institutional advantages, positioning descendants of centralized ethnic groups to benefit from these advantages within postcolonial states. Social identity choices are rational; therefore, descendants of centralized ethnic groups, who enjoy greater advantages within the nation, find less incentive to choose their ethnicity over their national identity. Examples from Ethiopia and Ghana as well as the evidence from combining individual-level survey data from the Afrobarometer with historical data on pre-colonial political centralization support the theoretical claim. In particular, the paper presents both theory and evidence indicating that individuals with ancestors from politically centralized pre-colonial societies are less likely to favour their ethnic identity over their national identity . These findings underscore the importance of considering pre-colonial legacies when promoting national unity.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":"17 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139476241","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Determinants of social norms II – religion and family as mediators 社会规范的决定因素 II--宗教和家庭是调解因素
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-01-08 DOI: 10.1017/S174413742300036X
Stefan Voigt
{"title":"Determinants of social norms II – religion and family as mediators","authors":"Stefan Voigt","doi":"10.1017/S174413742300036X","DOIUrl":"https://doi.org/10.1017/S174413742300036X","url":null,"abstract":"Abstract It is now abundantly clear that social norms channel behaviour and impact economic development. This insight leads to the question: How do social norms evolve? In a companion paper (Voigt (2023). Journal of Institutional Economics, 20), I survey studies showing that geographical conditions can have direct and long-lasting effects on social norms. This paper goes one step further: It surveys studies that show how different geographical conditions affect both religious beliefs as well as traditions of family organization and how these, in turn, affect social norms.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":"34 2","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139380105","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
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