Abstract
This paper consists of three sections, each with a particular objective. The first section suggests a simple conceptual model of the role of institutions in social systems, to provide the present discussion with a clear conceptual framework, and perhaps also contribute to increasing the precision of the study of institutions in general. While the study of institutions is certainly more difficult to provide with a precise conceptual basis than quantitative studies of resource allocation, much improvement is still possible.
I thank Nicolai Foss, Lüder Gerken, Douglass North, and Viktor Vanberg for valuable comments on earlier drafts. The remaining errors and conclusions are mine.
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© 1995 Lüder Gerken
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Pelikan, P. (1995). Competitions of Socio-Economic Institutions: In Search of the Winners. In: Gerken, L. (eds) Competition among Institutions. Palgrave Macmillan, London. https://doi.org/10.1007/9781349242627_7
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DOI: https://doi.org/10.1007/9781349242627_7
Publisher Name: Palgrave Macmillan, London
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