Phase diagrams in historical economics: culture and institutions

Alberto Bisin, Thierry Verdier

    Research output: Chapter in Book/Report/Conference proceedingChapter


    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
    Number of pages32
    ISBN (Electronic)9780128158746
    ISBN (Print)9780128162682
    StatePublished - Jan 1 2021


    • 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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