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Institutional Analysis and Design

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Type: Working Paper
Author: Ostrom, Vincent; Hennessey, Timothy
Date: 1972
Agency:
Series:
URI: http://hdl.handle.net/10535/4122
Sector: Theory
Region:
Subject(s): institutional analysis
institutional design
decision making
constitutional choice
consumption
Workshop
Abstract: Note to the Reader: "This is a preliminary and incomplete draft of a manuscript that attempts to provide theoretical foundations for institutional analysis and design. We conceive of institutions to be nothing more nor less than decision-making arrangements. Institutional analysis is concerned with the effect of different decision-making arrangements upon human conduct and upon the well-being of the individuals who are involved. Institutional design is concerned with the choice of decision-making arrangements that will provide the means that are appropriate to the realization [of] specifiable objectives, consequences or ends in view. Any practical man of action who is concerned with organizing the efforts of many individuals in a joint enterprise is necessarily involved in problems of institutional analysis and design..."

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