From market studies to society analysis

Ya Kouzminov, K. Bendoukidze, M. Yudkevich

Research output: Contribution to journalArticlepeer-review

Abstract

The article examines the main concepts of modern institutional theory and the ways its tools and concepts could be applied in the real policy-making. In particular, the authors focus on behavioral assumptions of the theory that allow them to explain the imperfection of economic agents’ behavior as a reason for rules and institutions to emerge. Problems of institutional design are also discussed.

Original languageEnglish
Pages (from-to)63-81
Number of pages19
JournalVoprosy Ekonomiki
Volume2005
Issue number12
DOIs
StatePublished - 2005
Externally publishedYes

Bibliographical note

Publisher Copyright:
© 2005, Russian Presidental Academy of National Economy and Public Administration. All rights reserved.

Keywords

  • Economic institutions
  • Neoinstitutional theory

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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