TY - JOUR
T1 - Reclaiming Habit for Institutional Economics
AU - Hodgson, G.
N1 - Original article can be found at: http://www.sciencedirect.com/science/journal/01674870 Copyright Elsevier B.V.
PY - 2004
Y1 - 2004
N2 - This paper reviews the concept of habit and its relation to institutions. The following questions are addressed: What are habits? Why have they evolved? How do institutions affect them? And what are some of the implications for economic analysis? It is argued that the early pragmatist and institutionalist though of William James, John Dewey and Thorstein Veblen remains a useful guide in this area, for further research today.
AB - This paper reviews the concept of habit and its relation to institutions. The following questions are addressed: What are habits? Why have they evolved? How do institutions affect them? And what are some of the implications for economic analysis? It is argued that the early pragmatist and institutionalist though of William James, John Dewey and Thorstein Veblen remains a useful guide in this area, for further research today.
U2 - 10.1016/j.joep.2003.03.001
DO - 10.1016/j.joep.2003.03.001
M3 - Article
SN - 0167-4870
VL - 25
SP - 651
EP - 660
JO - Journal of Economic Psychology
JF - Journal of Economic Psychology
IS - 5
ER -