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Toward a Comparative Institutional Analysis Toward a Comparative Institutional Analysis



Masahiko Aoki
by MIT Press, 2001

Table of Contents (unabridged)
Chapter 1. What are Institutions? How Should We Approach Them?
1.1.  Three Views of Institutions in a Game-Theoretic Perspective
1.2.  Aspects of Institutions: Shared Beliefs, Summary Representations of Equilibrium, and Endogenous Rules of the Game
1.3.  Organization of the Book
 
Part I. PROTO-INSTITUTIONS: INTRODUCING BASIC TYPES
 
Chapter 2. Customary Property Right and Community Norms
2.1.  Customary Property Right as a Self-Organizing System
2.2  Community Norms as a Self-Enforcing Solution to the Commons Problem
Appendix: History vs. Ecology as a Determinant of a Norm: The Case of Yi Korea
 
Chapter 3. The Private-Ordered Governance of Trade, Contracts, and Markets
3.1.  Traders' Norms
3.2.  Cultural Beliefs and Self-enforcing Employment Contracts
3.3.  Private Third-Party Governance: The Law Merchant
3.4.  Moral Codes
3.5.  Overall Market Governance Arrangements
Appendix. Money as an Evolutive Convention
 
Chapter 4. Organizational Architecture and Governance
4.1.  Organizational Building Blocks: Hierarchical Decomposition, Information Assimilation and Encapsulation
4.2.  Types of Organizational Architecture
4.3.  Governance of Organizational Architecture: A Preliminary Discussion
 
Chapter 5. The Co-Evolution of Organizational Conventions and Human Asset Types
5.1.  Types of Mental Programs: Individuated vs. Context-oriented Human Assets
5.2.  The Evolutionary Dynamics of Organizational Conventions
5.3.  The Interactions of Organizational Fields and Gains from Diversity
5.4.  The Relevance and Limits of the Evolutionary Game Model
 
Chapter 6. States as Stable Equilibria in the Polity Domain
6.1.  Three Prototypes of the State
6.2.  Various Forms of the Democratic and Collusive States
 
Part II. A GAME-THEORETIC FRAMEWORK FOR INSTITUTIONAL ANALYSIS
 
Chapter 7. A Game-Theoretic Concept of Institutions
7.1.  Exogenous Rules of the Game and Endogenous Action-Choice Rules
7.2.  The Institution as a Summary Representation of an Equilibrium Path
7.3.  Feedback Loops of Institutionalization
 
Chapter 8. The Synchronic Structure of Institutional Linkage
8.1.  Social Embeddedness
8.2.  Linked Games and Institutionalized Linkages
8.3.  Institutional Complementarity
 
Chapter 9. Subjective-Game Models and the Mechanism of Institutional Change
9.1.  Why Are Overall Institutional Arrangements Enduring?
9.2.  Subjective Game Models and General Cognitive Equilibrium
9.3.  The Mechanism of Institutional Change: The Cognitive Aspect
 
Chapter 10. Diachronic Linkages of Institutions
10.1.  Overlapping Social Embeddedness
10.2.  The Reconfiguration of Bundling
10.3.  Diachronic Institutional Complementarity
 
Part III. AN ANALYSIS OF INSTITUTIONAL DIVERSITY
 
Chapter 11. Comparative Corporate Governance
11.1.  Governance of the Functional Hierarchy
11.2.  Co-Determination in the Participatory Hierarchy
11.3.  Relational-Contingent Governance of the Horizontal Hierarchy
 
Chapter 12. Types of Relational Financing and the Value of Tacit Knowledge
12.1.  A Generic Definition of Relational Financing and Its Knowledge-Based Taxonomy
12.2.  The Institutional Viability of Relational Financing
 
Chapter 13. Institutional Complementarities, Co-Emergence, and Crises: The Case of the Japanese Main Bank System
13.1  The Main Bank Institution as a System of Shared Beliefs
13.2.  Institutional Emergence: Unintended Fits
13.3.  Endogenous Inertia, Misfits with Changing Environments, and a Crisis of Shared Beliefs
 
Chapter 14. Institutional Innovation of the Silicon Valley Model in the Product System Develpment
14.1.  Information-Systemic Architecture of the Silicon Valley Model
14.2.  The VC Governance of Innovation by Tournament
14.3.  Norms and Values in the Silicon Valley Model
Appendix The Stylized Factual Background for Modeling
 
Chapter 15. Epilogue: Why Does Institutional Diversity Continue to Evolve?
15.1.  Some Stylized Models of Overall Institutional Arrangements
15.2.  Self-organizing Diversity in the Global Institutional Arrangement

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