000			01685cam a2200253 4500500
005			20250121025009.0
041			_afre
042			_adc
100	1	0	_aMantzavinos, Chrysostomos _eauthor
700	1	0	_a North, Douglass C. _eauthor
700	1	0	_a Shariq, Syed _eauthor
245	0	0	_aLearning, Institutions, and Economic Performance
260			_c2009.
500			_a92
520			_aIn this article, we provide a broad overview of the interplay among cognition, belief systems, and institutions, and how they affect economic performance. We argue that a deeper understanding of institutions' emergence, their working properties, and their effect on economic and political outcomes should begin from an analysis of cognitive processes. We explore the nature of individual and collective learning, stressing that the issue is not whether agents are perfectly or boundedly rational, but rather how human beings actually reason and choose, individually and in collective settings. We then tie the processes of learning to institutional analysis, providing arguments in favor of what can be characterized as “cognitive institutionalism.” Besides, we show that a full treatment of the phenomenon of path dependence should start at the cognitive level, proceed at the institutional level, and culminate at the economic level.
690			_acognition
690			_aBeliefs
690			_alearning
690			_amarkets
690			_ainstitutions
690			_asocial change
786	0		_nL’Année sociologique | 59 | 2 | 2009-10-12 | p. 469-492 | 0066-2399
856	4	1	_uhttps://shs.cairn.info/journal-l-annee-sociologique-2009-2-page-469?lang=en&redirect-ssocas=7080
999			_c450913 _d450913