Phase diagrams in historical economics: culture and institutions

Alberto Bisin, Thierry Verdier

    Research output: Chapter in Book/Report/Conference proceedingChapter

    Abstract

    In this paper we discuss the role of explicit formal dynamic models in our understanding of socio-economic history. Specifically, to illustrate the methodological issue, we center our analysis on studies of institutional and cultural change. Finally, we study in detail a dynamic model of institutions for property rights protection and culture of conflict as an example.

    Original languageEnglish (US)
    Title of host publicationThe Handbook of Historical Economics
    PublisherElsevier
    Pages491-522
    Number of pages32
    ISBN (Electronic)9780128158746
    ISBN (Print)9780128162682
    DOIs
    StatePublished - Jan 1 2021

    Keywords

    • Cultural transmission
    • Evolution of institutions
    • Historical economics

    ASJC Scopus subject areas

    • General Economics, Econometrics and Finance
    • General Business, Management and Accounting

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