Institutional design is a research area that focuses on the creation, structure, and functioning of institutions within a society or organization. This field examines how institutions are designed and how they impact decision-making processes, behavior, and outcomes. Researchers in this area often study the rules, norms, and procedures that govern institutions and analyze how they shape the behavior of individuals and groups within them. Institutional design is interdisciplinary in nature, drawing on insights from political science, economics, sociology, and organizational theory to understand how institutions are created, change over time, and affect social and economic outcomes.