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Institutional Diversity and Political EconomyThe Ostroms and Beyond$
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Paul Dragos Aligica

Print publication date: 2013

Print ISBN-13: 9780199843909

Published to Oxford Scholarship Online: January 2014

DOI: 10.1093/acprof:oso/9780199843909.001.0001

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Institutionalism and Pragmatism

Institutionalism and Pragmatism

(p.166) 6 Institutionalism and Pragmatism
Institutional Diversity and Political Economy

Paul Dragos Aligica

Oxford University Press

Chapter 6 notes that the overview of the Ostroms’ work in the light of some of its pivotal concepts (such as polycentricity, institutional diversity, IAD framework, institutional resilience, institutional design) reveals two things. The first is that this work sets up the stage for a reconstruction of our very approach to institutional theory by challenging us to rethink assumptions, methods and entire theoretical perspectives. The second is that a certain philosophical profile, unmistakably associable to the pragmatist intellectual tradition, seems to be latent in it, both as an assumption and an implication. The chapter is a first attempt so far to probe and elaborate the link between a foundational pragmatist perspective and Ostromian institutionalism.

Keywords:   institutional theory, social philosophy, pluralism, political economy, pragmatism, epistemology, induction, political economy

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