Dinar, Gülenay Baş2021-06-232021-06-2320131300-1795https://hdl.handle.net/20.500.12491/7368The concepts of instinct, institution, and habit constitute the foundation of Veblen's economic analysis. Veblen makes his evaluations on institutional evolution process over these concepts. This study analyzes the roles of these concepts in the theory of Veblen's institutional evolution, and argues that Veblen's theory brings a new perspective to the discussions in the literature on the role of the individual in the process of social and institutional evolution, especially to the approach called "New Economic Sociology".trinfo:eu-repo/semantics/closedAccessInstitutionInstinctHabitVeblenInstitutional EvolutionNew Economic SociologyArticle4644565157766WOS:000332809800003Q4