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Leadership and effective institutional economics design in the context of education reforms
Strielkowski, Wadim; Volchik, Vyacheslav; Maskaev, Artyom; … - In: Economies 8 (2020) 2, pp. 1-15
Nowadays, the most typical reforms in higher education are conducted through the reorganization of universities either … in the form of a merger, acquisition, or new status attainment. As a result, universities which educate local leaders for … imposed by the policymakers "from above" often hamper the development of universities and prevent them from fulfilling their …
Persistent link: https://www.econbiz.de/10013199656
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Institutional Bottlenecks : What Can Be Done?
Coyne, Christopher J. - 2013
Institutional bottlenecks refer to path-dependent institutional arrangements which contribute to economic stagnation. In his research, Timur Kuran identifies several historical institutional bottlenecks which contributed to economic decline and underdevelopment of the Middle East. We use Kuran's...
Persistent link: https://www.econbiz.de/10013089443
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The new institutional economics - main theories
Obińska-Wajda, Emilia - In: E-Finanse : finansowy kwartalnik internetowy 12 (2016) 1, pp. 78-85
The aim of this arti cle is to show that the New Insti tuti onal Economics is an interdisciplinary stream combining economics, law, organizati on theory, politi cal sciences, sociology, and anthropology. The main theories which are part of the New Insti tuti onal Economics are: Agency Theory,...
Persistent link: https://www.econbiz.de/10011539833
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The Impossibility of a Perfectly Competitive Labour Market
Kaufman, Bruce Evan - 2010
Using the institutional theory of transaction costs, I demonstrate that the assumptions of the competitive labour market model are internally contradictory and lead to the conclusion that on purely theoretical grounds a perfectly competitive labour market is a logical impossibility. By...
Persistent link: https://www.econbiz.de/10012716495
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Law, Transaction Costs and Coase’s Institutions. A Reappraisal
Vatiero, Massimiliano - 2019
The main contribution of Coase1 is having proven that no institution is a free lunch (among others, Pagano, 2012). it means that every institution (e.g. the market and the firm) has non-null costs of functioning, i.e. transaction costs. in a world with positive transaction costs, the...
Persistent link: https://www.econbiz.de/10012863007
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Efficiency of universities and research-focused institutions worldwide : an empirical DEA investigation ased on institutional publication numbers and estimated academic staff numbe...
Bornmann, Lutz; Gralka, Sabine Marlene; Moya Anegón, … - 2020
. We calculate efficiency scores for more than 4,800 universities and other research-focused institutions worldwide …
Persistent link: https://www.econbiz.de/10012175828
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Neutral Markets, Non-Neutral Institutions and Economic Evolution
Volchik, Vyacheslav - 2012
The article argues the neutral nature of markets. It describes the ways neutral markets expand or fold under the influence of non-neutral institutions. A demarcation is lined up between efficacy of a market process and a market result. The paper shows inconsistency of existing neoclassic models...
Persistent link: https://www.econbiz.de/10013097563
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The development and use of performance measures in New Zealand tertiary education institutions
Narayan, Anil Kumar - In: Accounting history : journal of the Accounting History … 25 (2020) 2, pp. 193-218
Persistent link: https://www.econbiz.de/10012259462
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Patterned variation: the role of psychological dispositions in social and institutional evolution
Schlicht, Ekkehart - 2021
The new institutional economics has one of its roots in evolutionary thinking. The idea is that there is competition among organizational forms. Some forms spread faster than others and thereby displace and eventually destroy the less well adapted forms. In the end, the most 'efficient'...
Persistent link: https://www.econbiz.de/10012597803
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Quality of higher education and the labor market in developing countries : evidence from an education reform in Senegal
Boccanfuso, Dorothée; Larouche, Alexandre; Trandafir, … - 2015
While many studies examine the effect of primary education quality on labor market outcomes in developing countries, little is known about the effects at higher levels. We exploit the quasi-experiment provided by a large-scale education reform launched in Senegal in 2000 to investigate how...
Persistent link: https://www.econbiz.de/10011281604