Culture, Institutional Performance, and Path Dependence
نویسندگان
چکیده
In this paper, we analyze how culture affects individual and collective reactions to incentive environments created by institutions, or put differently, how culture influences institutional performance. We also analyze the forces that operate in the other direction: how institutions shape culture. We then combine these two causalities to show that current institutional choices influence future institutional perfomance and choices through culture, thereby creating institutional path dependence.
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تاریخ انتشار 2005