Munich Personal RePEc Archive

Институциональные ловушки и экономические реформы

Polterovich, Victor (1999): Институциональные ловушки и экономические реформы. Published in: Economics and Mathematical Methods , Vol. 35, No. 2 (1999): pp. 1-37.

[img]
Preview
PDF
MPRA_paper_27257.pdf

Download (525kB) | Preview

Abstract

The theory of institutional traps, i.e. ineffective but stable institutions or behavior norms, is develope din connection with economic reforms. Mechanisms are described that cause a system to get into a trap and ways of going out of it are analyzed. Concepts of transformation costs and trasitional rents are introduced. As examples of institutional traps, considered are such institutions, as barter, non-payments, tax evasion, and corruption. A game-theoretic model of the barter trap is given.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.