Institutional Design

  • David L. Weimer

Part of the Recent Economic Thought Series book series (RETH, volume 43)

Table of contents

  1. Front Matter
    Pages i-x
  2. David L. Weimer
    Pages 1-16
  3. Patrick Croskery
    Pages 95-112
  4. Stephen H. Linder, B. Guy Peters
    Pages 133-160
  5. Johan A. de Bruijn, Ernst F. ten Heuvelhof
    Pages 161-179
  6. Back Matter
    Pages 181-187

About this book

Introduction

Policy scientists have long been concerned with understanding the basic tools, or instruments, that governments can use to accomplish their goals. The initial interest in inductively developing comprehensive lists of generic instruments for policy analysis soon gave way to efforts to discover more parsimonious, but still useful, specifications of the elementary components out of which instruments can be assembled. Moving from a generic instrument to a fully specified policy alternative, however, requires the designer to go much beyond the elementary components. Rather than directly specifying some of these details, the designer may instead set the rules by which they will be specified. The creation of these specifications and rules can be thought of as institutional design. This book helps scholars and policy analysts formulate more effective policy alternatives by a better understanding of institutional design.
The feasibility and effectiveness of policies depend on the political, economic, and social contexts in which they are embedded. These contexts provide an environment of existing institutions that offer opportunities and barriers to institutional design. A fundamental understanding of institutional design requires theories of institutions and institutional change. With a resurgence of interest in institutions in recent years, there are many possible sources of theory. The contributors to this volume draw from the variety of sources to identify implications for understanding institutional design.

Keywords

Governance Institution Policy effectiveness rational choice

Authors and affiliations

  • David L. Weimer
    • 1
    • 2
  1. 1.Lingnan CollegeHong Kong
  2. 2.University of RochesterUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-94-011-0641-2
  • Copyright Information Kluwer Academic Publishers 1995
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Print ISBN 978-94-010-4279-6
  • Online ISBN 978-94-011-0641-2
  • Series Print ISSN 0924-199X
  • About this book