North
Douglass C. North
Economic historian and theorist of institutions and institutional change
Official Source Note
The University of Washington Department of Economics lists North as Professor Emeritus and Nobel Laureate and records his service in the department from 1950 to 1983. Nobel materials identify North, with Robert Fogel, as a 1993 laureate for renewing research in economic history by applying economic theory and quantitative methods.
North is included because institutional analysis is indispensable for law-and-economics research that treats legal rules as part of a broader system of formal rules, informal constraints, enforcement, and path-dependent change.
Relevance to the Archive
North helps this archive connect legal rules to enforcement, informal norms, path dependence, and the institutional environment in which corporate, securities, and financial laws operate.
Representative Contributions
- Structure and Change in Economic History (1981)
- Institutions, Institutional Change and Economic Performance (1990)
- Institutions (1991)
Works Included Here
1991
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