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From Market Studies to Society Analysis

Author

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  • Ya. Kouzminov
  • K. Bendoukidze
  • M. Yudkevich

Abstract

The article examines the main concepts of modern institutional theory and the ways its tools and concepts could be applied in the real policy-making. In particular, the authors focus on behavioral assumptions of the theory that allow them to explain the imperfection of economic agents’ behavior as a reason for rules and institutions to emerge. Problems of institutional design are also discussed.

Suggested Citation

  • Ya. Kouzminov & K. Bendoukidze & M. Yudkevich, 2005. "From Market Studies to Society Analysis," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 12.
    • Handle: RePEc:nos:voprec:y:2005:id:1541
    DOI: 10.32609/0042-8736-2005-12-63-81
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