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Varieties of Capitalism: The Institutional Foundations of Comparative Advantage is a 2001 book on economics, political economy, and comparative politics edited by political economists Peter A. Hall and David Soskice.
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.
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 ...
He was widely recognized for his work in institutional theory, having been one of the founders of the subfield of historical institutionalism. His book with Kathleen Thelen, Structuring Politics: Historical Institutionalism and Comparative Analysis (1992), is academically notable, and is a significant contribution within that domain of research ...
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 federalism sheds light on the characteristics of any given scenario, both typical and unusual, and offers suggestions for alternative approaches. "It is all too easy when immersed in the politics of one country to lapse into a parochialism that takes the status quo for granted".
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
A key concept of Rational Choice Institutionalism is the principal-agent model borrowed from Neo-classical economics. This model is used to explain why some institutions appear to be inefficient, suboptimal, dysfunctional or generally go against the intentions of the actors who created the institution.