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Abstract: The article considers the transactional sector as an important component of the economic system at any level of the hierarchy. The existing interpretations of the transactional sector of the...
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Abstract: Contribution of Douglas North to the general institutional economic theory is considered with a special emphasis on the research of institutional factors of economic changes. It is shown how agents interaction models are...
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Abstract: Article is devoted to the review and systematization of the main methods of counteraction and regulation to institutional anomalies — inefficient conditions of institutions and suboptimum forms of institutional...
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Abstract: The article shows main government functions and indicators of public sector efficiency, examines interaction participants, their role sand mechanisms of cooperation, discusses information a symmetry reductionand information sharing institutions,...
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Abstract: The emergence of clusters lays in general tendency of economic activity transformation from the sphere of enterprises as such to the realm of inter-firm relations, networks, which in institutional...
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Abstract: The paper reveals the mechanism of release of the economic system from Malthusian trap. It is shown the leading role in this process belongs to the individualistic capitalist institutions,...
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Abstract: This article is devoted to an actual problem of formation of the welfare State in terms of addressing environmental challenges. The author based on institutional theory explains the idea...
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Abstract: The paper conceptually justified the idea that the most important area to improve the economic theory is based on the way of interaction of political economy and institutional economics....
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