OPEN ACCESS
A Reply to Comments
Abstract
The essay replies to the comments by Daniel Little, Antonino Palumbo and Thomas Prosser on the author's essay "An Attempt to Provide a Non-circular Explanation of Economic Reforms. Elements for a New Individualistic Theory of Institutional Change", lingering over rational-choice explanations of institutional change and the thesis that institutions are structures of power that can make some groups' situation worse than it was without institutions.
Keywords
- Rational-choice Explanations
- Two-level Bargaining Game
- Bargaining
- Thomas Schelling
- Exercise of Power