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In line with the new institutionalism, social rule system theory stresses that particular institutions and their organizational instantiations are deeply embedded in cultural, social, and political environments and that particular structures and practices are often reflections of as well as responses to rules, laws, conventions, paradigms built ...
The assumption that maximizing profits is the main goal behind incentive-making is widely held in many paradigms, including regulation theory and comparative political economy. [4] This distinction between actors is therefore important for identifying institutional approaches.
Institutional analysis is the part of the social sciences that studies how institutions—i.e., structures and mechanisms of social order and cooperation governing the behavior of two or more individuals—behave and function according to both empirical rules (informal rules-in-use and norms) and also theoretical rules (formal rules and law ...
Comparative politics is a field in Political Science characterized either by the use of the comparative method or other empirical methods to explore politics both within and between countries. Substantively, this can include questions relating to political institutions , political behavior , conflict, and the causes and consequences of economic ...
Kathleen Thelen and Sven Steinmo contrast New Institutionalism with "Old Institutionalism", which was overwhelmingly focused on detailed narratives of institutions, with little focus on comparative analyses. Thus, the Old Institutionalism was unhelpful for comparative research and explanatory theory.
Varieties of Capitalism offers a new framework for understanding the institutional similarities among and differences between the developed economies, since national political economies can be compared based on the way in which firms resolve the coordination problems they face in these five spheres.
In policy network analysis, theorists complement standard rational choice arguments with the insights of new institutionalism. This "actor-centered institutionalism" is used to describe policy networks as structural arrangements between relatively stable sets of public and private players.
New institutional economics, an economic school that analyzes social norms, organizational arrangements etc. Historical institutionalism, a social science method of inquiry that uses institutions as subject of study in order to find, measure and trace patterns and sequences of social, political, economic behavior and change across time and space