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Эволюция Институтов Конкуренции, Власти И Сотрудничества
[Institutions of competition, power and collaboration]

Author

Listed:
  • Polterovich, Victor

Abstract

It is shown that the evolution of modern developed societies leads to a decrease in the significance of both centralized governance and economic competition, while the role of collaboration mechanisms is being strengthened. This process is supported by cultural changes - by increasing trust, by internalization of the honesty norms, and thus free-rider problem is mitigated. Collectivism and individualism in their extreme forms are being replaced by the culture of constructive interactions and compromises. This cultural transformation creates new institutions and the same time supports them. Thus, both market and state failures are being overcome.

Suggested Citation

  • Polterovich, Victor, 2015. "Эволюция Институтов Конкуренции, Власти И Сотрудничества [Institutions of competition, power and collaboration]," MPRA Paper 64375, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:64375
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    More about this item

    Keywords

    collaboration; competition; collectivism; individualism; bankruptcy laws; institutional evolution; antitrust laws;
    All these keywords.

    JEL classification:

    • B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • N00 - Economic History - - General - - - General
    • P11 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Planning, Coordination, and Reform

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