Institutions as Knowledge Capital: Ludwig M. Lachmann’s Interpretative Institutionalism

By N. J. Foss, Giampaolo Garzarelli. 2006

137 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/dc714cbf917e4574cc82eace72cdde6f4dd12b25

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. N. J. Foss
2. Peter G. Klein
3. Christian Bjørnskov
4. Jeffery S. McMullen
5. Kirsten Foss
6. Niklas Potrafke
7. Torben Pedersen
8. Torben Juul Andersen

In Sociology and Political Science

1. Peter G. Klein
2. N. J. Foss
3. Christian Bjørnskov
4. Jeffery S. McMullen
5. Niklas Potrafke
6. Andreas Bergh
7. Pierre-Guillaume Méon
8. Niclas Berggren

Citations in the corpus

• The Context of Entrepreneurial Judgment: Organizations, Markets, and Institutions (2019, background): “By providing structure to the social world, institutions make it easier for decision- makers to anticipate the future, mitigating the effects of uncertainty (Foss and Garzarelli, 2007; Lachmann, 1971).”
• Entrepreneurial judgment as empathic accuracy: a sequential decision-making approach to entrepreneurial action (2013, background): “Solutions to the Lachmann problem have emphasized institutions, and have evolved from formal institutions (e.g., laws, contracts) to informal institutions (e.g., norms, share beliefs) (Foss and Garzarelli, 2007; Lewis and Runde, 2007).”