Introduction to the symposium on “The Dynamics of Institutions in Perspectives: Alternative Conceptions and Future Challenges”
► Understanding emergence and evolution is key to analyze the nature of institutions. ► Conceiving institutions as equilibria of beliefs allows exploring the role of rationality. ► Institutions might also be seen as the result of strategies by agents or coalitions. ► The dynamic of law result from the necessity to adapt to evolving issues. ► Assessing institutional performance raise the issue of transmission mechanisms