Theory Development

10. Mechanisms

The notion of mechanism, however, is not well-defined. Some economists, for example, consider that they have a mechanism when they have an equation. In many cases, mechanism accounts rely on rational choice models as discussed earlier (Elster, 1998).

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Elster, J. (1998) A plea for mechanisms. In: P. Hedström, R. Swedberg (Eds.) Social mechanisms: An analytical approach to social theory. Cambridge: Cambridge University Press: 45-73.