In an information transmission situation, a senders concern for its credibility could endow itself with an invisible … power to control the detected. In this case, the sender can achieve its favored outcome without losing its credibility … its credibility could result in less truthful signals from the sender and worse payoffs to the receiver. This is the …

This essay provides a game-theoretic, endogenous view of institutions, and then applies the idea to identify the …

This essay provides a game-theoretic, endogenous view of institutions, and then applies the idea to identify the …

financial integration is taking shape, suggesting the need to strengthen existing institutions that promote Asian regionalism … suggests the need to create new institutions in support of Asian regionalism and to adopt a broad perspective in moving towards … the formation of a region-wide economic community based on strong political commitment and grassroots participation. …

financial integration is taking shape, suggesting the need to strengthen existing institutions that promote Asian regionalism … suggests the need to create new institutions in support of Asian regionalism and to adopt a broad perspective in moving towards … the formation of a region-wide economic community based on strong political commitment and grassroots participation. …

This study is a comprehensive, empirical analysis of the linkages between governance, institutions, and regional … infrastructure. The empirical results indicate that governance and institutions are crucial for regional infrastructure development … regions) with higher income, stronger institutions, better governance, and more open economies are likely to have higher …

highlighted in literature : institutions and geography. However, it remains controversial as to which of these two is the more … important. The Institutions school assigns primal importance to institutions, whereas the Geography school considers … their hypotheses. It concludes in favour of the Institutions hypothesis as the Geography school does not provide a …

: culture; corruption; and institutions. The last offers the most convincing explanation for mediocre growth. Hence, to raise … corruption; and above all, focused and sustained development of functional capitalistic institutions. …