Leading sociologists, economists, and political scientists here analyze current changes in Central and Eastern Europe. Drawing on a range of contemporary perspectives (such as evolutionary economics, and network analysis) they question many of the assumptions associated with the notion of...

Several studies stressed that contrary to the initial expectations, state-owned firms at the beginning of the transition, undertook painful measures to adjust to the new economic environment. This paper investigates this behavior in a simple game theoretic framework. It is argued that the...

Several studies have stressed that, contrary to initial expectations, state-owned firms at the beginning of the transition undertook painful measures to adjust to the new economic environment. This paper investigates this behaviour in a simple game theoretic framework. It is argued that the...