POLS1102 Lecture Notes - Lecture 4: Punctuated Equilibrium, Path Dependence, Moral Hazard
Lecture 4 - 23/03 - New Institutionalism + the GFC
New Institutionalism
helps us to understand how issues arrive on agendas, especially crises
allows us to think about what influences decision-making
Origin:
1984
institutions had been forgotten yet they had power and autonomy to shape policy
and politics
Institutions could be powerful as symbolic/informal rules
these rules reflect a logic of appropriateness
simply an argument that the organisation of political life makes a difference
Core:
Institutions as rules, not necessarily organisations
rules that are distinct from individuals but affect their behaviour
formal rules + social rules
Formal rules:
shared predictable prescriptions regulating behaviour
breaching these usually means misconduct + punishment
social rules:
Invisible
Socialised cognitive scripts which prescribe action
social rules specify what should be done in a situation + what is socially
appropriate
e.g. queues
Historical Institutionalism:
rules created historically that affect contemporary political choices
two schools: (models on PP)
those who believe in path dependency and punctuated equilibrium
theory of change + stability across time
Continuity through rules that create path dependence
find more resources at oneclass.com
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