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Master of Arts
in European Studies

Institutional economics

Amable, Bruno

Institutional economics


Vorlesung: ZB Wirtschaft, ZB Politik, WPM 1, WPM 2, WPM 6

Mittwoch 9-11 Uhr, Ort: GD 206

The aim of this course is to provide an overview of the economic analysis of institutions. The course will cover a broad range of topics and not limit itself to a view of institutions as devices correcting market imperfections. Institutions are complex devices, embodying social and political compromises, framing individual and collective rationality and defining the constraints on exchanges and transactions. The course will also address the issue of comparative institutional analysis, over time and across countries.

The following topics will be addressed: definition and frontiers of markets and institutions; “old” and “new” institutionalism in economic theory; current institutional approaches (economics of convention; regulation approach…); theories of institutional change and dynamics of institutions; institutions and political economy.


Amable, Bruno & Palombarini, Stefano (2005) L’économie politique n’est pas une science morale. Paris : Raisons d’Agir.

Boyer, Robert (2015) Economie politique des capitalismes. Paris : La découverte

Chavance, Bernard (2009) Institutional Economics. London: Routledge

North, D. (1990), Institutions, institutional change and economic performance, Cambridge University Press.

White, H. (2001), Markets from networks, Princeton U. Press

Williamson, O. (1985), The economic institutions of capitalism, The Free Press


Sprache: Englisch