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Eduncle posted an MCQ
October 17, 2019 • 21:35 pm 0 points
  • UGC NET
  • Political Science

The fundamental difference between institutionalism and new institutionalism would primarily be located on the principle of

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    Eduncle Best Answer

    New institutionalism amounts to ‘bringing institutions back in’ and a revival and expansion of this approach that has been underway since the 1980s. In political science, there have been a number of reasons for the renewal of interest in institutions.In political science, the critical difference between behaviourism and new institutionalism is that the focus on atomistic actors in the former is replaced (or at least modified ) by a focus on institutionally ‘situated’ actors in the latter.
    New institutionalism or neo-institutionalism is a school of thought focused on developing a sociological view of institutions—the way they interact and how they affect society. It provides a way of viewing institutions outside of the traditional views of economics by explaining why and how institutions emerge in a certain way within a given context. The fundamental difference between Institutionalism and New Institutionalism would primarily be located in the principle of Experimentation.
    In political science two different schools of new institutionalist analysis have emerged. One is called the rational choice approach, the other is termed historical institutionalism.

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