Deliberative institutional economics, or does homo oeconomicus argue?: A proposal for combining new institutional economics with discourse theory
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Philosophy and Social Criticism 28 (4):361-394 (2002)
Institutional economics and discourse theory stand unconnected next to each other, in spite of the fact that they both ask for the legitimacy of institutions (normative) and the functioning and effectiveness of institutions (positive). Both use as theoretical constructions rational individuals and the concept of consensus for legitimacy. Whereas discourse theory emphasizes the conditions of a legitimate consensus and could thus enable institutional economics to escape the infinite regress of judging a consensus legitimate, institutional economics has a tested social science paradigm (rational choice) of explaining and predicting the functioning of institutions. The article outlines a theoretical synthesis of the two theories by finding points in common and possibilities of fruitful combinations concerning the problem of legitimacy, institutional design and effectiveness of legal norms. Key Words: consensus discourse theory effectiveness of legal rules institutional design legitimacy new institutional economics.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Simon Caney (2006). Cosmopolitan Justice and Institutional Design. Social Theory and Practice 32 (4):725-756.
Ekkehart Schlicht (1998). On Custom in the Economy. Clarendon Press.
Dick W. P. Ruiter (2004). Types of Institutions as Patterns of Regulated Behaviour. Res Publica 10 (3):207-231.
Margaret Schabas (2009). Constructing "the Economy". Philosophy of the Social Sciences 39 (1):3-19.
Carsten Herrmann-Pillath, Adam Smith and Confucius: A Tour d'Horizon Towards a Transcultural Foundation of Institutions.
J. P. Smit, Filip Buekens & Stan du Plessis (2011). What is Money? An Alternative to Searle's Institutional Facts. Economics and Philosophy 27 (1):1-22.
M. Kahler (2011). Legitimacy, Humanitarian Intervention, and International Institutions. Politics, Philosophy and Economics 10 (1):20-45.
Peter J. Boettke (1990). Individuals and Institutions. Critical Review 4 (1-2):10-26.
Robert A. Gehring (2006). The Institutionalization of Open Source. Poiesis and Praxis 4 (1):54-73.
Added to index2009-01-28
Total downloads7 ( #203,584 of 1,413,183 )
Recent downloads (6 months)1 ( #153,719 of 1,413,183 )
How can I increase my downloads?