How to Build an Institution

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OriginalspracheEnglisch
Seiten (von - bis)215-238
Seitenumfang24
FachzeitschriftPhilosophy of the social sciences
Jahrgang51
Ausgabenummer2
Frühes Online-Datum19 Nov. 2020
PublikationsstatusVeröffentlicht - März 2021

Abstract

How should institutions be designed that “work” in bringing about desirable social outcomes? I study a case of successful institutional design—the redesign of the National Resident Matching Program—and argue that economists assume three roles when designing an institution, each of which complements the other two: first, the designer combines positive and normative modeling to formalize policy goals and to design possible mechanisms for bringing them about. Second, the engineer refines the design by conducting experiments and computational analyses. Third, the plumber implements the design in the real world and mends it as needed.

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How to Build an Institution. / van Baßhuysen, Philippe Carl.
in: Philosophy of the social sciences, Jahrgang 51, Nr. 2, 03.2021, S. 215-238.

Publikation: Beitrag in FachzeitschriftArtikelForschungPeer-Review

van Baßhuysen PC. How to Build an Institution. Philosophy of the social sciences. 2021 Mär;51(2):215-238. Epub 2020 Nov 19. doi: 10.1177/0048393120971545
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