The two institutional logics: exit-oriented versus commitment-oriented institutional designs
نویسندگان
چکیده
منابع مشابه
The Two Institutional Logics: Exit-Oriented Versus Commitment-Oriented Institutional Designs
Throughout human affairs there are two dual logics. Albert Hirschman investigated the two logics as the parallel-oriented logic of exit and the series-oriented logic of commitment, loyalty, and voice. Economics focuses almost exclusively on the logic of exit and questions of institutional design are seen through that lens. One goal here is to flesh out the alternative commitment-oriented logic ...
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Throughout human affairs and even in mathematics, science, and engineering, there are two logics that are dual to one another (series-parallel duality). Albert Hirschman investigates the two logics as the parallel-oriented logic of exit and the series-oriented logic of commitment, loyalty, and voice. Economics focuses almost exclusively on the logic of exit so that all questions of institutiona...
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ژورنال
عنوان ژورنال: International Economic Journal
سال: 2005
ISSN: 1016-8737,1743-517X
DOI: 10.1080/10168730500080642