The past quarter-century has been the age of institutions, as scholars in many disciplines have rejected individualism in favor of explanatory approaches that variously emphasize the consequences of strategic interaction, the role of such corporate actors as companies or crowds, or the constraining and enabling effects of formal and informal rules. In each social science discipline (except anthropology, where individualism was never influential), proponents of the new view have claimed the title "new institutionalists" in contrast to their individualist opponents.
|Original language||English (US)|
|Number of pages||12|
|Journal||Journal of Institutional and Theoretical Economics|
|State||Published - 1998|
ASJC Scopus subject areas
- Economics and Econometrics