Comp Econ&Institution

B
Comparative economics 2010 Fall
ISTITUTIONS AND THEIR FORMATION INTO AN ECONOMIC SYSTEM    1.  lecture COMPARATIVE ECONOMICS AND ECONOMIC INSTITUTIONS 1.   The subject matter and the theoretical framework of comparative economics 2. What do we mean by institutions?  3. Institution and organization 4.  The stability and changing of institutions
The subject matter of comparative economics ,[object Object],[object Object],[object Object],[object Object]
The theoretical framework of comparative economics Mainstream economics    institutional economics Basic institutions     coordinating mechanisms and the forms of property Comparative economics is quite close to international economics and to world economics.  The framework of the nation states    Globalization The  system paradigm    it provides the perspectives and the theoretical framework of comparative economics
What is a paradigm? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The elements of the system paradigm  1-4.  (J.   Kornai) ,[object Object],[object Object],[object Object],[object Object]
The elements of the system paradigm   5-8 . ,[object Object],[object Object],[object Object],[object Object]
Why do we need institutions ?   ,[object Object],[object Object],[object Object],[object Object]
The concept of the institution ,[object Object],[object Object],[object Object],[object Object],[object Object]
Example for the necessity and the development of an institution Caller calls  Caller waits Receiver waits   Receiver calls     The continuation of a disconnected call   Good for both   Bad for both   Bad for both Good for both  
Adhering and braking the rules ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Institutions and organizations ,[object Object],[object Object],The three-sided character of institutions  The two-sided relations inside the  organization (the police as an institution) (the police as an organization) Individual (driver A) Individual (driver  B) Chief   Subordinate Vertical relationship Horizontal relationship
The development, stability, change and end of institutions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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Comp Econ&Institution

  • 2. ISTITUTIONS AND THEIR FORMATION INTO AN ECONOMIC SYSTEM   1. lecture COMPARATIVE ECONOMICS AND ECONOMIC INSTITUTIONS 1. The subject matter and the theoretical framework of comparative economics 2. What do we mean by institutions? 3. Institution and organization 4. The stability and changing of institutions
  • 3.
  • 4. The theoretical framework of comparative economics Mainstream economics  institutional economics Basic institutions  coordinating mechanisms and the forms of property Comparative economics is quite close to international economics and to world economics. The framework of the nation states  Globalization The system paradigm  it provides the perspectives and the theoretical framework of comparative economics
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10. Example for the necessity and the development of an institution Caller calls Caller waits Receiver waits   Receiver calls     The continuation of a disconnected call   Good for both   Bad for both   Bad for both Good for both  
  • 11.
  • 12.
  • 13.