Thinking about open systems: learning, adaptive efficiency and uncertainties in Douglass North
Autor(a) principal: | |
---|---|
Data de Publicação: | 2021 |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | Nova Economia (Online) |
Texto Completo: | https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/6218 |
Resumo: | Abstract In the present paper, I propose a reflection on the relationship between the field of institutional studies and pluralism in Economic Sciences, exploring some of Douglass North's contributions. To this end, I discuss how the categories of learning and adaptive efficiency are mobilized to account for the relationships between institutional and economic change, incorporating the agents' intentionality. Still, the epistemological challenges of assuming ubiquitous uncertainty as a prerequisite for institutional economic analysis are discussed. The main contribution of this work is to demonstrate how Douglass North's thinking approaches the characterization of economic systems as open systems, in the sense proposed by Sheila Dow in her concept of structured pluralism. Keywords: open systems, institutions, uncertainty, learning, adaptive efficiency JEL Codes: B25, B4, B52 |
id |
UFMG-4_f0b3b947d23439030ec4fdec2562c0e9 |
---|---|
oai_identifier_str |
oai:ojs.pkp.sfu.ca:article/6218 |
network_acronym_str |
UFMG-4 |
network_name_str |
Nova Economia (Online) |
repository_id_str |
|
spelling |
Thinking about open systems: learning, adaptive efficiency and uncertainties in Douglass NorthPensando em sistemas abertos: aprendizados, eficiência adaptativa e incertezas em Douglass NorthAbstract In the present paper, I propose a reflection on the relationship between the field of institutional studies and pluralism in Economic Sciences, exploring some of Douglass North's contributions. To this end, I discuss how the categories of learning and adaptive efficiency are mobilized to account for the relationships between institutional and economic change, incorporating the agents' intentionality. Still, the epistemological challenges of assuming ubiquitous uncertainty as a prerequisite for institutional economic analysis are discussed. The main contribution of this work is to demonstrate how Douglass North's thinking approaches the characterization of economic systems as open systems, in the sense proposed by Sheila Dow in her concept of structured pluralism. Keywords: open systems, institutions, uncertainty, learning, adaptive efficiency JEL Codes: B25, B4, B52Resumo Neste artigo, é proposta uma reflexão a respeito da relação entre o campo de estudos institucionalista e o pluralismo em Ciências Econômicas, explorando algumas das contribuições de Douglass North. Para tanto, discute-se como as categorias de aprendizado e eficiência adaptativa são mobilizadas para dar conta das relações entre mudança institucional e econômica, incorporando a intencionalidade dos agentes. Ainda, são debatidos os desafios epistemológicos de assumir a incerteza ubíqua como pressuposto da análise econômica institucional. Considera-se que a principal contribuição deste trabalho é demonstrar de que forma o pensamento de Douglass North se aproxima da caracterização dos sistemas econômicos enquanto sistemas abertos, no sentido proposto por Sheila Dow em seu conceito de pluralismo estruturado. Palavras-chave: sistemas abertos, instituições, incerteza, aprendizados, eficiência adaptativa Códigos JEL: B25, B4, B52Departamento de Ciências Econômicas da UFMG2021-07-19info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttps://revistas.face.ufmg.br/index.php/novaeconomia/article/view/6218Nova Economia; Vol. 31 No. 1 (2021): Revista Nova Economia; 105-129Nova Economia; v. 31 n. 1 (2021): Revista Nova Economia; 105-1291980-53810103-6351reponame:Nova Economia (Online)instname:Universidade Federal de Minas Gerais (UFMG)instacron:UFMGporhttps://revistas.face.ufmg.br/index.php/novaeconomia/article/view/6218/3373Copyright (c) 2021 Guilherme de Queiroz-Steinhttp://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessQueiroz-Stein, Guilherme de2022-02-22T18:56:54Zoai:ojs.pkp.sfu.ca:article/6218Revistahttps://revistas.face.ufmg.br/index.php/novaeconomiaPUBhttps://revistas.face.ufmg.br/index.php/novaeconomia/oai||ne@face.ufmg.br1980-53810103-6351opendoar:2022-02-22T18:56:54Nova Economia (Online) - Universidade Federal de Minas Gerais (UFMG)false |
dc.title.none.fl_str_mv |
Thinking about open systems: learning, adaptive efficiency and uncertainties in Douglass North Pensando em sistemas abertos: aprendizados, eficiência adaptativa e incertezas em Douglass North |
title |
Thinking about open systems: learning, adaptive efficiency and uncertainties in Douglass North |
spellingShingle |
Thinking about open systems: learning, adaptive efficiency and uncertainties in Douglass North Queiroz-Stein, Guilherme de |
title_short |
Thinking about open systems: learning, adaptive efficiency and uncertainties in Douglass North |
title_full |
Thinking about open systems: learning, adaptive efficiency and uncertainties in Douglass North |
title_fullStr |
Thinking about open systems: learning, adaptive efficiency and uncertainties in Douglass North |
title_full_unstemmed |
Thinking about open systems: learning, adaptive efficiency and uncertainties in Douglass North |
title_sort |
Thinking about open systems: learning, adaptive efficiency and uncertainties in Douglass North |
author |
Queiroz-Stein, Guilherme de |
author_facet |
Queiroz-Stein, Guilherme de |
author_role |
author |
dc.contributor.author.fl_str_mv |
Queiroz-Stein, Guilherme de |
description |
Abstract In the present paper, I propose a reflection on the relationship between the field of institutional studies and pluralism in Economic Sciences, exploring some of Douglass North's contributions. To this end, I discuss how the categories of learning and adaptive efficiency are mobilized to account for the relationships between institutional and economic change, incorporating the agents' intentionality. Still, the epistemological challenges of assuming ubiquitous uncertainty as a prerequisite for institutional economic analysis are discussed. The main contribution of this work is to demonstrate how Douglass North's thinking approaches the characterization of economic systems as open systems, in the sense proposed by Sheila Dow in her concept of structured pluralism. Keywords: open systems, institutions, uncertainty, learning, adaptive efficiency JEL Codes: B25, B4, B52 |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-07-19 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/6218 |
url |
https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/6218 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/6218/3373 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2021 Guilherme de Queiroz-Stein http://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2021 Guilherme de Queiroz-Stein http://creativecommons.org/licenses/by/4.0 |
eu_rights_str_mv |
openAccess |
dc.publisher.none.fl_str_mv |
Departamento de Ciências Econômicas da UFMG |
publisher.none.fl_str_mv |
Departamento de Ciências Econômicas da UFMG |
dc.source.none.fl_str_mv |
Nova Economia; Vol. 31 No. 1 (2021): Revista Nova Economia; 105-129 Nova Economia; v. 31 n. 1 (2021): Revista Nova Economia; 105-129 1980-5381 0103-6351 reponame:Nova Economia (Online) instname:Universidade Federal de Minas Gerais (UFMG) instacron:UFMG |
instname_str |
Universidade Federal de Minas Gerais (UFMG) |
instacron_str |
UFMG |
institution |
UFMG |
reponame_str |
Nova Economia (Online) |
collection |
Nova Economia (Online) |
repository.name.fl_str_mv |
Nova Economia (Online) - Universidade Federal de Minas Gerais (UFMG) |
repository.mail.fl_str_mv |
||ne@face.ufmg.br |
_version_ |
1799711060339458048 |