Thresholds in institutional spaces

Pyastolov, S.M. (2010): Thresholds in institutional spaces.

Abstract

Threshold effects in behavioral patterns as well as in the public domain seem to be special among peculiar phenomena concentrated in a rather short time period in Russia (e.g. Russian labor market paradoxes). Examples of such changes are chosen among peculiar phenomena concentrated in a rather short time period in Russia (e.g. Russian labor market paradoxes, inertia of the power property system etc.). The observed cases give a possibility to check the validity of the proposed Helical Institutional Development Scheme (HIDS). The paper shows that the HIDS might be regarded not only as a sketch of a decision making model and a pattern for an institutional space. It may show the direction in which the evolutionary theory is developing: from the analysis of situations with the stable certainty (complete and perfect information) to the “stable” uncertainty and then to “unstable uncertainty” cases where peoples’ preferences and beliefs are changing. Within the frameworks of HIDS the paper offers an explanation for the quantum structures in Russian institutional matrixes.

• Item Type: MPRA Paper
• Language: English
• Keywords: Individual Labor Supply Curves, Institutional matrix, Threshold Effects, Institutional Space
• Subjects: J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J22 - Time Allocation and Labor Supply; D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D83 - Search ; Learning ; Information and Knowledge ; Communication ; Belief ; Unawareness; D - Microeconomics > D0 - General > D01 - Microeconomic Behavior: Underlying Principles

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