Prelude to Political Economy: A Study of the Social and Political Foundations of Economics

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Using the Law to Change the Custom (2012, unknown): “In other words, the new law must be a focal point in order to replace the prevailing custom (Aoki 2001: 13, Greif 2006: 3-53, Basu 2000: 111-15).1 For instance, laws which have been enacted in Sub-Saharan Africa with the aim of preventing excessive fragmentation of 1Note that the same type of…”
What Is Law? A Coordination Model of the Characteristics of Legal Order (2012, unknown): “Basu (2000) and Mailath (2001, 2007) focus instead, as we do, on the impact of legal rules on beliefs among not (only) the parties to a transaction but also among those who have a role in enforcing the rules.”
Trust, social capital and economic development (2005, unknown): “If β = 1, dβ = 0 from (5) , also from Assumption 1, βαπ (p) > k for all p, thus, from equation (7) dp = 1.”
Culture and Public Action (2004, background): “…initiatives, willingness to take risks, and a variety of other aspects of human behavior which can be critical to economic success (Sen 1973, 1982; Basu 1980; Hirschman 1982; Margolis 1982; Akerlof 1984; Frank 1985, 1988; Granovetter 1985; Elster 1986; Mansbridge 1990; Ostrom 1990, 1998; Greif…”