Browsing FAS Scholarly Articles by Keyword "institutions"
Now showing items 1-5 of 5
-
The Importance of History for Economic Development
(Annual Reviews, 2009)This article provides a survey of a growing body of empirical evidence that points toward the important long-term effects that historic events can have on economic development. The most recent studies, using microlevel ... -
Information, Institutions and, Constitutional Arrangements
(Springer Verlag, 2009)This paper develops a theory of optimal institutional structure for staggered-term (overlapping generations) organizations such as legislative bodies. Our model is a simple stochastic game of multi-principal, multi-agent ... -
Institutional change in varieties of capitalism
(Oxford University Press (OUP), 2008)Contemporary approaches to varieties to capitalism are often criticized for neglecting issues of institutional change. This paper develops an approach to institutional change more extended than the one provided in Hall and ... -
Paying for Performance: Incentive Pay Schemes and Employees’ Financial Participation
(Centre for Economic Performance, London School of Economics and Political Science, 2012)We present new comparable data on the incidence of performance pay schemes in Europe and the USA. We find that the percentage of employees exposed to incentive pay schemes ranges from around 10-15 percent in some European ... -
Self-Interest and the Design of Rules
(Springer Nature, 2017-08-24)Rules regulating social behavior raise challenging questions about cultural evolution in part because they frequently confer group-level benefits. Current multilevel selection theories contend that between-group processes ...