suggests that cascades which induce massive equilibrium changes are more likely to occur in regimes with centralized coercive … to trigger a cascade to a vastly different equilibrium. The model is applied to the severity of protests that followed … austerity measures taken in developing nations since the 1970s. …

to be thought of as extra-economic dimensions such as subjective forms of poverty, quality of institutions (especially … public institutions) and type of political regime or, more generally speaking, the society’s system of values. To meet this … qualité des institutions (notamment publiques) et le type de régime politique ou plus généralement le système de valeurs de la …

societal environment. Taking a cultural approach and referring to the newer literature on the transfer of institutions, we try … to improve the understanding of the interrelation between formal and informal institutions. Our central thesis is that … the ?reaction rate? of informal institutions depends on their compatibility with imported formal institutions. The …

societal environment. Taking a cultural approach and referring to the newer literature on the transfer of institutions, we try … to improve the understanding of the interrelation between formal and informal institutions. Our central thesis is that … the "reaction rate" of informal institutions depends on their compatibility with imported formal institutions. The …