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Timeline
Date
18.2. Institutions
25.2. Institutions II
4.3. Classical Institutionalism and New Institutional Economics
11.3. Property rights and resource regimes, Commons
18.3. Doughnot Economics: From Planetary Boundaries to thinking how an
economy can be regenerative by design (Claudio Cattaneo)
25.3. Application of the doughnut at the city scale with Barcelona as an
example (Claudio Cattaneo)
1.4. Ecological Resource Economics
8.4. Applications: water, forests, fisheries
15.4. <Great Friday>
22.4. The Water–Energy–Food Nexus in India
29.4. Q&A, discussion
6.5. Presentations I
13.5. Presentations II
20.5. Debate, Open Space, Experiment
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Ecology, Economics - etymology
• Ecology: oikos (“house” or “habitation”) & logia (“study of”)
(https://www.etymonline.com/word/ecology#etymonline_v_979 )
• Economics: oikos (“house” or “habitation”) nomos (“managing” or
“custom” or “law”)
(https://www.etymonline.com/word/economy?ref=etymonline_crossreference#etymonline_v_980 )
ØInstitutions are rules / custom / law and should be a fundamental
part of economics
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Definitions
• John Dewey (1931): "An institution is
defined as collective action in control,
liberation and expansion of individual
action." in «Institutional Economics»
American Economic Review, Vol. 21
(December 1931), pp. 648–657.
4Vatn 2005, p. 10
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Greeting institutions
• Handshakes / Namaste / Chinese greeting /
…
ØWhy do greetings exist?
ØIs greeting a convention or a norm?
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Greeting institutions
After Covid-19: Do you think that handshakes will come back?
A New Institutional Economics perspective:
Allen and Lueck (1992) on handshakes, reputation, and farmland contracts
Austria: “Handshake quality”
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Ø Institutions as “rules of the game“ (Douglas North)
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Ø The Landlord‘s Game - Henry George
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“The real problem of humanity is the following:
we have Palaeolithic emotions; medieval institutions; and godlike
technology”
(sociobiologist E.O. Wilson, interview in 2009)
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Singularity
passed
Source: https://www.youtube.com/watch?v=iYVVgGWUKKg
ØThe Social Dilemma - Tristan Harris - New Age In Tech Presentation
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Source: https://bigthink.com/in-their-own-words/the-danger-is-not-
machines-becoming-humans-but-humans-becoming-machines
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The individual and society
ØPositivist, Constructivist, Realist
ØMethodological Individualism vs. Holism: Systemism/Relationism/Institutionalism
ØStructuration and Critical Realism (Anthony Giddens, Roy Bhaskar, Margaret Archer)
ØDifferent types of structures (property rights, money, etc.)
Vatn 2005, p. 26
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