Institutional Turn in Microeconomics?

Abstract

The article that is devoted to the appearance of the Russian edition of Samuel Bowles "Microeconomics. Behavior, Institutions, and Evolution" considers possible changes that may be brought by the new research program outlined in the book. The author analyzes the main arguments and rhetorical strategies applied by Bowles and shows that the major shift that this book may entail can be the merger of microeconomics and institutional economics that may lead to vanishing of the latter as a distinct discipline and its integration into the vast field of microeconomic analysis.