Social Science Knowledge and Institutional Change
Social Science Knowledge and Institutional Change
This chapter discusses an approach to the sources of demand and supply for institutional change. It explores the use of social science knowledge and role of social scientists in the design and evolution of institutional innovations and examines the contribution of agricultural economics research to the design and evolution of the “direct payment” approach to farm price and income policy. The chapter concludes with the definition of institution, which includes behavioral rules that govern patterns of relationships and actions, and decision-making units that consists of government bureaus, firms, and families.
Keywords: institutional change, social science knowledge, social scientists, institutional innovations, agricultural economics, direct payment approach
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