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Conduct, rules and the origins of institutions

Published online by Cambridge University Press:  13 January 2015

Chapman University, Orange, California


This paper supports the effort by Hindriks and Guala (2014) to integrate the prevailing accounts of institutions. I illustrate with traffic narratives how we can think of their concept of rules-in-equilibrium as evolving from universal elementary forms. These conceptions resonate fully with Smith (1759) who saw rule-following conduct as the basis of human sociality and action.

Article Commentary
Copyright © Millennium Economics Ltd 2015 

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