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Collective-Action Problems and Institutional Systems

William D. Ferguson

in The Political Economy of Collective Action, Inequality, and Development

Published in print:
2020
Published Online:
September 2020
ISBN:
9781503604612
eISBN:
9781503611979
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9781503604612.003.0002
Subject:
Economics and Finance, Development, Growth, and Environmental

A society’s prospects for development depend on its ability to resolve collective-action problems (CAPs). Resolution depends on underlying institutional contexts. Inequality permeates these ... More


Power, Social Conflict, Institutional Formation, and Credible Commitment

William D. Ferguson

in The Political Economy of Collective Action, Inequality, and Development

Published in print:
2020
Published Online:
September 2020
ISBN:
9781503604612
eISBN:
9781503611979
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9781503604612.003.0006
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter develops a social conflict theory of institutions. The third hypothesis posits that unequal distributions of power shape the creation, evolution, and demise of economic and political ... More


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