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Webinar Institutional and Organizational Economics


Le 8 décembre 2023

The Grenoble Applied Economics Lab (GAEL), the Grenoble Economic Research Center (CREG) and the Research Institute for the Political Economy of the Firm (IREPE) in partnership with the Grenoble Doctoral School of Economics (EDSE) invite you to the fourth webinar Institutional and Organizational Economics,

Meso-institutions: What are they? Why do we need them?

Claude Ménard
(Emeritus Professor of Economics, Paris Panthéon-Sorbonne University)

Abstact :  there is now an almost general agreement among economists that “institutions matter”. However, a puzzle remains: how so? What institutions are we talking about? And how do we assess their impact? The existing literature has essentially focused on the role of macro-institutions (e.g., the impact of democratic institutions on growth) or, to a lesser degree, on how institutions affect the behavior of agents (e.g., the impact of property rights on incentive to innovate). This leaves open a key issue: what are the transmission devices and mechanisms that support the interactions between the general rules of the game and their actual implementation in the organization of transactions? Building on recent contributions, this presentation introduces an integrative framework that shows the key role of intermediate meso-institutions in bridging this gap. The result is an extended conceptualization of institutions, substantiated by numerous empirical studies in sectors as diverse as network infrastructures, the agrifood industry, environmental policies etc.



Le 8 décembre 2023
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Inscription (Deadline to register is December 6, 2023)
Contact : (Virgile Chassagnon)




Publié le 14 novembre 2023

Mis à jour le 14 novembre 2023