The Reach of Political Economy

Barry R. Weingast and Donald A. Wittman

in The Oxford Handbook of Political Economy

Published in print June 2008 | ISBN: 9780199548477
Published online September 2009 | e-ISBN: 9780191577437 | DOI:

Series: Oxford Handbooks of Political Science

The Reach of Political Economy

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  • Political Economy
  • Political Institutions


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This introductory article discusses a set of issues and approaches that have provided interesting results, and are most likely to prompt a number of researches in the next few years. It first looks at the research conducted on endogenous institutions, before focusing on legislative institutions. It looks at the revelation and aggregation of information, where the discussion is focused on the voters, particularly the voters who are uninformed in one way or another. One section covers the evolutionary models of human and political behaviour. The final section of the article discusses and considers the spread of political economy into new areas of research.

Keywords: endogenous institutions; legislative institutions; aggregation of information; uninformed voters; evolutionary models; human behaviour; political behaviour; political economy

Article.  11243 words. 

Subjects: Political Economy ; Political Institutions

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