New institutional economics in Viking studies. Visualising immaterial culture

Abstract In this paper, we argue that closer engagement with the field of new institutional economics (NIE) has potential to provide researchers a theoretical toolbox can be used study economic and social practices are not readily traceable in material culture. NIE assumes individual actions based on bounded rationality existence rules (institutions) their enforcement – framework influences agents’ by providing different incentives probabilities for choices. Within framework, identify number concepts, such as collective identity mobile jurisdictions , seem fit what know Viking age systems. applying these models available archaeological textual data, outline ways which further research could understanding interaction within rapidly evolving context diaspora change.