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PDF
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Type:
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Working Paper |
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Author:
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Ostrom, Vincent; Hennessey, Timothy |
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Date:
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1972 |
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Agency:
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Series:
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URI:
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https://hdl.handle.net/10535/4122
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Sector:
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Theory |
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Region:
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Subject(s):
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institutional analysis
institutional design
decision making
constitutional choice
consumption
Workshop
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Abstract:
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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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