Handbook of New Institutional Economics

pp 819-848

Doing Institutional Analysis: Digging Deeper than Markets and Hierarchies

  • Elinor OstromAffiliated withDepartment of Political Science, Indiana University

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A major problem in understanding institutions relates to the complexity and diversity of contemporary life and the resulting specialization that has occurred within the social sciences. The central aim of the social sciences is to explain human behavior. But what kind of human behavior? Within which kinds of institutional settings?