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Abstract

Any legislative framework is likely to generate different institutions or norms of behavior which the legislator occasionally could have never foreseen. I suggested a general pattern, on which inefficient, if stable, norms or institutions called institutional traps would form.



Item Type: MPRA Paper -

Original Title: Институциональные ловушки: есть ли выход?-

English Title: Institutional Traps: Is There a Way Out?-

Language: Russian-

Keywords: coordination failures; corruption; cultural inertia; institutional trap; multiple equilibria; path dependence; rent seeking; reputation; systemic crises; transaction costs; transformation costs; transitional rent; trust-

Subjects: D - Microeconomics > D7 - Analysis of Collective Decision-Making > D73 - Bureaucracy ; Administrative Processes in Public Organizations ; CorruptionP - Economic Systems > P3 - Socialist Institutions and Their Transitions > P30 - GeneralP - Economic Systems > P2 - Socialist Systems and Transitional Economies > P20 - General-





Autor: Polterovich, Victor

Fuente: https://mpra.ub.uni-muenchen.de/22071/







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