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In sociology and organizational studies, institutional theory is a theory on the deeper and more resilient aspects of social structure. It considers the processes by which structures, including schemes, rules, norms, and routines, become established as authoritative guidelines for social behavior. [ 1 ]
New institutional economics (NIE) is an economic perspective that attempts to extend economics by focusing on the institutions (that is to say the social and legal norms and rules) that underlie economic activity and with analysis beyond earlier institutional economics and neoclassical economics.
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 ...
Much like the growing use of institutional theory in marketing, we also find more use of institutional logics in marketing. For example, Eritmur and Coskuner-Balli examined the conflicting institutional logics of the yoga market, highlighting the coexistence of the fitness, commercial, spiritual, and medical logic. [ 16 ]
Historical institutionalism (HI) is a new institutionalist social science approach [1] that emphasizes how timing, sequences and path dependence affect institutions, and shape social, political, economic behavior and change.
For example, Levitsky and Murillo stress the importance of institutional strength in their article "Variation in Institutional Strength." They suggest that in order for an institution to maintain strength and resistance there must be legitimacy within the different political regimes, variation in political power, and political autonomy within a ...
In How Institutions Think, Douglas offers a critique of the rational choice theory [1] rooted in social anthropology and a structural functionalist approach.She aims at explaining how humans cooperate, and the role of building and maintaining institutions to shape ways of thinking useful to cooperation.
Sociological institutionalism (also referred to as sociological neoinstitutionalism, cultural institutionalism and world society theory) is a form of new institutionalism that concerns "the way in which institutions create meaning for individuals." [1] Its explanations are constructivist in nature. [2]