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Journal of Economic Issues Volume 23, 1989 - Issue 3
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Original Articles

“Reasonable Value” versus “Instrumental Value:” Competing Paradigms in Institutional Economics

Yngve Ramstad
Pages 761-777 | Published online: 05 Jan 2016

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Charles J. Whalen. (2022) The Institutionalist Method and Vision of John R. Commons. Journal of Economic Issues 56:4, pages 1006-1018.
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Denilson Beal & Marco Cavalieri. (2019) Connecting Institutional Economics to Communitarian Philosophy: Beyond Market Institutions and Pecuniary Canons of Value. Journal of Economic Issues 53:3, pages 634-646.
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Antoon Spithoven. (2018) The Legal-Economic Nexus from the Perspective of New Institutional Economists and Original Institutional Economists. Journal of Economic Issues 52:2, pages 550-558.
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William Waller. (2015) Policy in an Era of Unreason: Remarks Upon Receiving the Veblen-Commons Award. Journal of Economic Issues 49:2, pages 321-327.
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Vladislav Valentinov. (2012) The economics of the nonprofit sector: Insights from the institutionalism of John R. Commons. The Social Science Journal 49:4, pages 545-553.
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Rick Tilman. (2008) John R. Commons, the New Deal and the American Tradition of Empirical Collectivism. Journal of Economic Issues 42:3, pages 823-851.
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Robert F. Garnett$suffix/text()$suffix/text(). (2006) Paradigms and pluralism in heterodox economics. Review of Political Economy 18:4, pages 521-546.
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David Dequech. (2006) Institutions and Norms in Institutional Economics and Sociology. Journal of Economic Issues 40:2, pages 473-481.
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David Dequech. (2005) Cognition and Valuation: Some Similarities and Contrasts between Institutional Economics and the Economics of Conventions. Journal of Economic Issues 39:2, pages 465-473.
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Thomas Kemp. (2002) The Conditions of Progress: J. R. Commons’ Reform Method. Journal of Economic Issues 36:2, pages 539-546.
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Yngve Ramstad. (2000) Discussant Remarks. Journal of Economic Issues 34:2, pages 335-339.
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Ronnie J. Phillips. (2000) Digital Technology and Institutional Change from the Gilded Age to Modern Times: The Impact of the Telegraph and the Internet. Journal of Economic Issues 34:2, pages 267-289.
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Robert F. Garnett$suffix/text()$suffix/text(). (1999) Postmodernism and Theories of Value: New Grounds for Institutionalist/Marxist Dialogue?. Journal of Economic Issues 33:4, pages 817-834.
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Philip A. Klein. (1998) Is Postmodern Institutionalism the Wave of the Future? A Reply to Hoksbergen. Journal of Economic Issues 32:3, pages 833-843.
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Alexa Albert & Yngve Ramstad. (1998) The Social Psychological Underpinnings of Commons’s Institutional Economics II: The Concordance of George Herbert Mead’s “Social Self” and John R. Commons’s “Will”. Journal of Economic Issues 32:1, pages 1-46.
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Yngve Ramstad. (1995) John R. Commons’s Puzzling Inconsequentiality as an Economic Theorist. Journal of Economic Issues 29:4, pages 991-1012.
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Philip A. Klein. (1994) A Reassessment of Institutionalist-Mainstream Relations. Journal of Economic Issues 28:1, pages 197-207.
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Glen Atkinson & Mike Reed. (1991) Rejoinder. Journal of Economic Issues 25:4, pages 1136-1140.
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Yngve Ramstad. (1991) Reasonable Value versus Instrumental Value: A Reply to Klein and Atkinson and Reed. Journal of Economic Issues 25:4, pages 1127-1133.
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John Dennis Chasse. (1991) The American Association for Labor Legislation: An Episode in Institutionalist Policy Analysis. Journal of Economic Issues 25:3, pages 799-828.
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Jon D. Wisman & Joseph Rozansky. (1991) The Methodology of Institutionalism Revisited. Journal of Economic Issues 25:3, pages 709-737.
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Glen Atkinson & Mike Reed. (1990) Institutional Adjustment, Instrumental Efficiency, and Reasonable Value. Journal of Economic Issues 24:4, pages 1095-1107.
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Peter Söderbaum. (1990) Neoclassical and Institutional Approaches to Environmental Economics. Journal of Economic Issues 24:2, pages 481-492.
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Articles from other publishers (15)

Vladislav Valentinov. (2022) Stakeholder Theory: Toward a Classical Institutional Economics Perspective. Journal of Business Ethics 188:1, pages 75-88.
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Aad Correljé, Udo Pesch & Eefje Cuppen. (2022) Understanding Value Change in the Energy Transition: Exploring the Perspective of Original Institutional Economics. Science and Engineering Ethics 28:6.
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Vladislav Valentinov. (2021) Sustainability in classical institutional economics: A systems theory view. Sustainable Production and Consumption 28, pages 1500-1507.
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Mohamad Muhyiddin Hassan, Khai Ern Lee & Mazlin Mokhtar. 2020. Concepts and Approaches for Sustainability Management. Concepts and Approaches for Sustainability Management 93 118 .
Ewa Lechman & Adam Marszk. 2019. ICT-Driven Economic and Financial Development. ICT-Driven Economic and Financial Development 9 51 .
Bruce E. Kaufman. (2017) THE ORIGINS AND THEORETICAL FOUNDATION OF ORIGINAL INSTITUTIONAL ECONOMICS RECONSIDERED. Journal of the History of Economic Thought 39:3, pages 293-322.
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Nanako Fujita. 2017. Contemporary Meanings of John R. Commons’s Institutional Economics. Contemporary Meanings of John R. Commons’s Institutional Economics 99 117 .
Clive Lawson. (2015) Order and process in institutionalist thought: Commons and Ayres. Cambridge Journal of Economics 39:4, pages 1053-1069.
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Malcolm Rutherford. 2015. A Research Annual. A Research Annual 95 123 .
Robert Garnett. 2012. Experts and Epistemic Monopolies. Experts and Epistemic Monopolies 227 244 .
Jean-Jacques Gislain, Philippe Steiner & John Holland. (1999) American Institutionalism and Durkheimian Positive Economics: Some Connections. History of Political Economy 31:2, pages 273-296.
Crossref
Geoffrey M. Hodgson. 1998. Technology, Innovation and Industrial Economics: Institutionalist Perspectives. Technology, Innovation and Industrial Economics: Institutionalist Perspectives 127 146 .
Fernando Toboso. (1995) Explaining the process of change taking place in legal rules and social norms: The cases of institutional economics and new institutional economics. European Journal of Law and Economics 2:1, pages 63-84.
Crossref
Yngve Ramstad. 1993. Institutional Economics: Theory, Method, Policy. Institutional Economics: Theory, Method, Policy 173 243 .
Vladislav L. Valentinov. (2010) Reconceptualising the Third Sector: Toward a Heterodox Perspective. SSRN Electronic Journal.
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