The efficiency properties of institutional evolution: with particular reference to the social-philosophical works of F. A. Hayek

dc.contributor.authorArnold, Roger A.en
dc.contributor.committeechairBuchanan, James M.en
dc.contributor.committeememberTullock, Gordonen
dc.contributor.committeememberTideman, Nicolausen
dc.contributor.committeememberTollison, Robert D.en
dc.contributor.committeememberFaith, Roger L.en
dc.contributor.departmentEconomicsen
dc.date.accessioned2014-03-14T21:10:23Zen
dc.date.adate2010-04-07en
dc.date.available2014-03-14T21:10:23Zen
dc.date.issued1979-01-07en
dc.date.rdate2010-04-07en
dc.date.sdate2010-04-07en
dc.description.abstractIn an overall sense, the purpose of this study is to examine closely the evolutionary process with respect to institutional evolution. The position which holds that the evolutionary process generates efficient institutional forms is seen to be dependent upon a certain set of conditions being met. In the more general case, however, the evolutionary process oftentimes generates outcomes that are unintended, inefficient, and undesirable; consequently placdng man in what has been referred to as a “social dilemma." At base, this outcome is a result of simple utility maximization on the part of individuals. Policy prescriptions and attitudes towards policy are likely to change once this is noted and understood.en
dc.description.degreePh. D.en
dc.format.extentv, 109 leavesen
dc.format.mediumBTDen
dc.format.mimetypeapplication/pdfen
dc.identifier.otheretd-04072010-020345en
dc.identifier.sourceurlhttp://scholar.lib.vt.edu/theses/available/etd-04072010-020345/en
dc.identifier.urihttp://hdl.handle.net/10919/37583en
dc.language.isoenen
dc.publisherVirginia Techen
dc.relation.haspartLD5655.V856_1979.A76.pdfen
dc.relation.isformatofOCLC# 39974058en
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectinstitution growthen
dc.subject.lccLD5655.V856 1979.A76en
dc.titleThe efficiency properties of institutional evolution: with particular reference to the social-philosophical works of F. A. Hayeken
dc.typeDissertationen
dc.type.dcmitypeTexten
thesis.degree.disciplineEconomicsen
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen
thesis.degree.leveldoctoralen
thesis.degree.namePh. D.en

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