The willingness of landowners to allow fee-based recreational use of their land was investigated using data obtained from a mailed questionnaire sent to landowners in the Delta region of Louisiana. Previous studies have identified that landowners often chose not to engage in recreational leasing due to liability concerns. An institutional change that reduces liability risk to landowners may inc...

gratulated on fulfilling a want in a field so long left barren. While the book is necessarily written from an American viewpoint, essential problems of administration vary but little from country to country. Dr. Bryan's opinions, based on long experience, are worth while, practical and ably presented, and his book should be of the greatest benefit to all psychiatrists engaged in institutional p...

Changes in the seasonal patterns of macroeconomic time series may be due to the effects of business cycle fluctuations or to technological and institutional change or both. We examine the relative importance of these two sources of change in seasonality for industrial production series of the G7 countries. We find compelling evidence that the effects of gradual institutional and technological c...

The relationship between institutional change and entrepreneurship is poorly understood. We build the theory in this area by tracing institutional change in the US electric power industry over a 40-year period. Our analysis shows that environmental jolts mobilize actors to reformulate institutions, resulting in increased entrepreneurial opportunity. When the institutional environment is stable,...

This article provides an overview of recent developments in historical institutionalism. First, it reviews some distinctions that are commonly drawn between the “historical” and the “rational choice” variants of institutionalism and shows that there are more points of tangency than typically assumed. However, differences remain in how scholars in the two traditions approach empirical problems. ...

We investigate aspects of institutional change in an evolutionary game-theoretic framework, in principle focusing on problems of coordination in groups when new solutions to a problem become available. In an evolutionary game with an underlying dilemma structure, we let a number of new strategies become gradually available to the agents. The dilemma structure of the situation is not changed by ...

1991 is a strategic year for former Soviet Union countries, representing the end of a system. A major historical change took place when Soviet Socialist Republics have decided to become independent states. But what happened to the institutions of these countries? Did they develop similar orientations of change or did they keep the previous models? Is it an exogenous induced change? Where did th...

We use an agent-based model to investigate the interdependent dynamics between individual agency and emergent socioeconomic structure, leading to institutional change in a generic way. Our model simulates the emergence and exit of institutional units, understood as generic governed social structures. We show how endogenized trust and exogenously given leader authority influences institutional c...

In this essay, Leonard Waks contributes to a reconceptualization of ‘‘fundamental educational change.’’ By distinguishing sharply between educational change at the organizational and the institutional levels, Waks shows that the mechanisms of change at these two levels are entirely different. He then establishes, by means of a conceptual argument, that fundamental educational change takes place...

In The Invisible Hand of U.S. Commercial Banking, Margaret Polski provides an instructive account of the transformation in U.S. commercial banking during the latter part of the twentieth century. On one level, she uses this case study to explain the evolution from a highly regulated industry, where state and federal laws determined product lines, geographic locations, and prices, to a deregulat...