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Handbook on Institutions and Complexity

Handbook on Institutions and Complexity

          
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About the Book

This innovative Handbook presents a comprehensive overview of the significance of complexity theory for understanding institutions. Eminent scholars analyse the key tools and concepts of the field, including emergence, networks, ergodicity, and modularity, exploring their contributions to institutional formulation and evolution. Bridging the gap between complexity theory and mainstream economics, this pioneering Handbook reveals novel approaches to understanding institutional processes from the micro to the macro level. Chapters balance theoretical discussions with practical analysis, showcasing the relevance of complexity to specific areas such as cities, forests, religion, and historical development. Ultimately, the Handbook argues that viewing economies and societies as co-evolving, non-linear, path-dependent, and non-equilibrium systems can provide invaluable insights into the study of institutional emergence and impact. Academics and students in economics, politics, public policy and other social sciences will benefit from the in-depth analyses in this prescient Handbook. It is also a valuable resource for policy-makers interested in the study of complex systems and their ever-growing applications.

Table of Contents:
Contents Introduction: towards a complex theory of institutional analysis x Eric Alston, Lee J. Alston, and Bernardo Mueller 1 On the complexity of the link between institutions and complexity: an overview 1 Eric Alston, Lee J. Alston and Bernardo Mueller 2 Five uncanny rules, results, restrictions, and regularities from complex systems 23 Bernardo Mueller PART I COMPLEXITY THEORY HELPS US UNDERSTAND SOCIAL AND ECONOMIC ORDERS 3 Douglass North, new institutional economics, and complexity theory 50 John B. Davis with Mauro Boianovsky 4 Rethinking Systems of Survival: Jane Jacobs amplifed via complexity theory 66 Meg Tuszynski and Richard E. Wagner 5 Institutional dynamics in an economy seen as a complex adaptive system 83 Miguel Vazquez, Gustavo Andreão, and José Maria F.J. da Silveira 6 Exiting ergodicity 105 Abigail Devereaux 7 The coevolution of everything, everywhere, all at once: institutions, culture, and the great enrichment 126 Bernardo Mueller PART II HISTORICAL DEVELOPMENT AND COMPLEXITY 8 Beliefs, institutions and norms in a complex system 159 Lee J. Alston 9 Social models and institutional policy: four walks in the dark 174 Thráinn Eggertsson 10 Religion, political legitimacy, and complexity 190 Jared Rubin 11 Political and economic institutional emergence 205 Eric Alston PART III ECONOMIC INSTITUTIONAL UNITS AND COMPLEXITY 12 The complex architecture of property rights 241 Henry E. Smith 13 The complex world of micro-institutions: the illustrative case of hybrids 263 Claude Menard 14 Complex systems interplay: cities and institutions 285 Bernardo Alves Furtado PART IV HOW ORGANIZATIONS AND INSTITUTIONS LIMITEDLY CONFRONT COMPLEXITY 15 Imprisoning complexity in modules 303 Richard N. Langlois 16 Economic complexity, institutions, and industrial policy 325 Renan Sousa and Bernardo Mueller 17 The challenge of governing complex forest ecosystems: can a polycentric approach help? 349 Komal Preet Kaur, Varnitha Kurli, and Krister Andersson Index 374


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Product Details
  • ISBN-13: 9781035309719
  • Publisher: Edward Elgar Publishing Ltd
  • Publisher Imprint: Edward Elgar Publishing Ltd
  • Height: 234 mm
  • No of Pages: 410
  • ISBN-10: 1035309718
  • Publisher Date: 30 May 2025
  • Binding: Hardback
  • Language: English
  • Width: 156 mm


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