Advanced

Are Institutions Rules in Equilibrium? Comments on Guala’s Understanding Institutions

Rabinowicz, Wlodek LU (2018) In Philosophy of the Social Sciences 48(6). p.569-584
Abstract

In this comment on Francesco Guala’s Understanding Institutions, I express my admiration for the book but I also raise some critical criticisms: His general account of institutions as rules-in-equilibrium seems to get their ontology wrong by disregarding their material side - their concrete realizations. It also diregards social institutions whose rules are not (and are not meant to be) in equilibrium. Finally, his suggestion that institutional equilibria necessarily involve correlation devices appers to lack justification.

Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Aumann, correlated equilibrium, equilibria, Guala, institutions, Lewis, rules, Searle, social institution
in
Philosophy of the Social Sciences
volume
48
issue
6
pages
16 pages
publisher
SAGE Publications
external identifiers
  • scopus:85056613146
ISSN
0048-3931
DOI
10.1177/0048393118798643
language
English
LU publication?
yes
id
16c06930-ca00-4d8f-93c5-681a9ad22e8f
date added to LUP
2018-11-26 13:09:14
date last changed
2020-01-16 03:38:39
@article{16c06930-ca00-4d8f-93c5-681a9ad22e8f,
  abstract     = {<p>In this comment on Francesco Guala’s Understanding Institutions, I express my admiration for the book but I also raise some critical criticisms: His general account of institutions as rules-in-equilibrium seems to get their ontology wrong by disregarding their material side - their concrete realizations. It also diregards social institutions whose rules are not (and are not meant to be) in equilibrium. Finally, his suggestion that institutional equilibria necessarily involve correlation devices appers to lack justification.</p>},
  author       = {Rabinowicz, Wlodek},
  issn         = {0048-3931},
  language     = {eng},
  number       = {6},
  pages        = {569--584},
  publisher    = {SAGE Publications},
  series       = {Philosophy of the Social Sciences},
  title        = {Are Institutions Rules in Equilibrium? Comments on Guala’s Understanding Institutions},
  url          = {http://dx.doi.org/10.1177/0048393118798643},
  doi          = {10.1177/0048393118798643},
  volume       = {48},
  year         = {2018},
}