JOURNAL ARTICLE
Cite JOURNAL ARTICLE
Style
Format
Die Überwindung des wirtschaftlichen Ordnungsproblems: Reichweite und Grenzen von unterschiedlichen Ordnungstheorien
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 124 (2004), Iss. 1 : pp. 61–94
Additional Information
Article Details
Märkt, Stephan
Abstract
Economic theory has neglected the Hobbesian problem of order for a long time. Since the emergence of New Institutional Economics this has changed. The article discusses scope and limits of game theory, constitutional economics and Douglass C. North's institutional economics refer to their explanation of economic order. They will be compared with Max Weber's theory of order, a classic in social theory. Finally it will be demonstrated that the theoretical integration of these four approaches to a comprehensi ve theory of order is possible even though there are a number of unsolved problems.