Handbook on Institutions and Complexity

Hardback

Handbook on Institutions and Complexity

9781035309719 Edward Elgar Publishing
Edited by Eric Alston, Scholar in Residence, Finance Division, University of Colorado Boulder, Lee J. Alston, Professor of Economics and Affiliate Professor of Law, Emeritus, and Research Associate, NBER, USA and Bernardo Mueller, Department of Economics, University of Brasília, Brazil
Publication Date: April 2025 ISBN: 978 1 03530 971 9 Extent: c 480 pp
This innovative Handbook presents a comprehensive overview of the significance of complexity theory for understanding institutions. Eminent scholars cover the key tools and concepts of the field, including emergence, networks, ergodicity, and modularity, exploring their contributions to institutional formulation and evolution.

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This innovative Handbook presents a comprehensive overview of the significance of complexity theory for understanding institutions. Eminent scholars analyse the key tools and concepts of the field, including emergence, networks, ergodicity, and modularity, exploring their contributions to institutional formulation and evolution.

Bridging the gap between complexity theory and mainstream economics, this pioneering Handbook reveals novel approaches to understanding institutional processes from the micro to the macro level. Chapters balance theoretical discussions with practical analysis, showcasing the relevance of complexity to specific areas such as cities, forests, religion, and historical development. Ultimately, the Handbook argues that viewing economies and societies as co-evolving, non-linear, path-dependent, and non-equilibrium systems can provide invaluable insights into the study of institutional emergence and impact.

Academics and students in economics, politics, public policy and other social sciences will benefit from the in-depth analyses in this prescient Handbook. It is also a valuable resource for policy-makers interested in the study of complex systems and their ever-growing applications.
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