Institutions, Incentives and Cooperation
Tuesday, May 19, 2009

Kenneth Binmore

University of Bristol

Kenneth Binmore

The Emergence and Nature of Institutions: A Game Theory Approach

Abstract

This lecture begins with a summary of the views of a sympathetic game theorist on the current state of play in what is still called the New Institutional Economics. It continues with a much abbreviated summary of my own attempts to treat justice as a kind of institution in the hope that this will serve as a case study in how game theory can serve as a useful intellectual framework for the study of human institutions.