Marinescu, Cosmin - In: Theoretical and Applied Economics 2(507) (2007) 2(507), pp. 93-112
institutions that define any economic system. Within society, people are perceptive to a system of general rules that provides … incentives and constraints for human behavior. Institutions' and human action's mutuality, and also its economic and political … implications, explain the essential importance of institutions in economic science and the institutional approach viability. …
