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 …

The theory of institutional traps, i.e. ineffective but stable institutions or behavior norms, is develope din … are such institutions, as barter, non-payments, tax evasion, and corruption. A game-theoretic model of the barter trap is …

different institutions, or behavior norms, and it is not simple to predict which direction will be chosen by an economy. The … hypothesis that efficient institutions must arise because of natural selection does not prove to be truthful. Inefficient … technological changes. North (1990) pointed out that the same mechanisms plaid an important role in the evolution of institutions. A …

economic aspects. Specifically it attempted to classify and measure various types of institutions based on a theoretical …

measure the single dimensions affects economic growth. The results show that over all, institutions promote growth in long run … institutions. …

The role of institutions in promoting economic growth and development has generated considerable interest among … researchers and practitioners in recent years. This paper explores the role of state institutions in promoting growth using a GMM … econometric model. Specifically it attempted to test impact of two dimensions of institutions on growth using recently developed …

The present paper deals with the role of political authorities and institutions in explaining growth failures. We aim … exposed to a curse? Can good institutions, measured by a single indicator, avoid this “curse”? Although the estimates … institutions enhance growth, our investigation do not demonstrated that if the curse exists it only appears in countries with …

reputation mechanism mitigated agency problems among the eleventh-century Maghribi traders. They assert that the relations among … agency relations were law-based. The quantitative analysis reveals that empirical basis for the multilateral reputation view … is stronger than originally perceived. This paper also sheds light on the roles of the legal system and reputation …

Commitment to organization is important and plays key role in the formation of an integrated human effort in an … organization. The importance of organizational commitment has attracted consideration over recent years and has been reflected in … selected demographic variables and organizational commitment. A quantitative cross sectional research design with purposive …