| Description |
1 online resource (352 p.) |
| Series |
Contributions to Economics |
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Contributions to economics.
|
| Contents |
Intro -- Acknowledgments -- Contents -- Contributors -- An Introduction to Institutional Inertia-Theory and Evidence -- References -- Part I: Concepts, Types, Causes, and Effects -- Inertia: Resistance and Endurance -- 1 Introduction: State of Rest, Motion, and Inertia -- 2 Newtonś First Law (Law of Inertia) -- 3 Momentum and Newtonś Second Law -- 4 Angular Momentum and Moment of Inertia -- 5 The Origin of Inertia -- 6 Wide Applications of Inertia -- 7 Inertia as a Mental Model -- 8 Cognitive Inertia -- 9 Inertia in Society |
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10 Phylogenetic Inertia and Ecological Pressure in Institutional Evolution -- 11 Entropic Inertia in Institutional Evolution -- 12 The Result of the Balance Between Inertia and Overcoming it: The Evolution of Structural Preservation -- 13 Conclusion -- References -- An Introduction to Institutional Inertia: Concepts, Types and Causes -- 1 Introduction -- 2 The Concept of Inertia -- 3 Institutional Inertia -- 4 Types of Institutional Inertia -- 4.1 Inertia in Individuals -- 4.1.1 Cognitive Inertia -- 4.1.2 Psychological Inertia -- 4.1.3 Clinical Inertia |
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4.2 Inertia in Social and Political Structures -- 4.2.1 Social Inertia and Political Inertia -- 4.2.2 Organizational Inertia -- 4.3 Inertia in the Development of Knowledge, Concepts and Ideas -- 5 Sources of Institutional Inertia -- 5.1 Endogenous Preferences -- 5.2 Bounded Rationality -- 5.3 Uncertainty -- 5.4 Sunk Costs -- 5.5 Free-Riding Problem -- 5.6 Incomplete Information -- 5.7 Resource Scarcity -- 5.8 Informal Constraints -- 5.9 Power and Legitimacy -- 5.10 The Existence of Distributional Coalitions (Interest Groups and Their Bargaining Power) -- 5.11 Political Conflict |
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5.12 Strategic Linkages and Complementarities -- 5.13 Path Dependence -- 5.14 Mental Models -- 5.15 Interrelationship Between Social Mobility and Institutional Preferences -- 5.16 Interrelationship Between Culture and Institutions -- 6 Consistency of Institutional Continuity and Institutional Change: Evidence -- 7 Conclusion -- References -- The Origin of Development, Critical Juncture, and Institutional Inertia -- 1 Introduction -- 2 Initial Recognition of the Cause of nationś Rise and Fall -- 3 Main Coordinates of Nations ́Rise and Fall -- 3.1 The First Coordinate: X Is Unique |
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3.2 The Second Coordinates: X Emerged in History -- 3.3 The Third Coordinates: Doing Philosophy for Backwardness -- 4 Institutional Inertia and the Critical Juncture -- 5 Which Priority Is a Political or Economic Institution? -- 6 Is the Historical-Critical Juncture a Chance? -- 7 Conclusion -- References -- Inertia in Informal Institutions: Concepts and Effects -- 1 Introduction -- 2 The Causes of Inertia in Informal Institutions -- 2.1 The Role of Beliefs in the Inertia of Informal Institutions -- 2.2 The Role of Habits and Bounded Rationality in Shaping the Inertia of Informal Institutions |
| Summary |
This edited volume explores the concept of institutional inertia and its relationship to economic growth and development. Including insights from experts across disciplines, chapters identify the types, causes and effectsboth positive and negativeof institutional inertia. By questioning the types of institutional inertia that improve economic performance and impact the effectiveness of the state, as well as studying their role in the dynamics of institutional change, the volume attempts to trace and understand the different evolutionary paths of societies. Bridging important research gaps, this volume will be of use to students, researchers, and practitioners of institutional and evolutionary economics, development economics, management, and organizational theory |
| Notes |
2.3 Free-Rider Problem |
|
Includes index |
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Online resource; title from PDF title page (SpringerLink, viewed February 22, 2024) |
| Subject |
Organizational change.
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Technological innovations.
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Industrial management.
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| Genre/Form |
Electronic books
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| Form |
Electronic book
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| Author |
Faghih, Nezameddin.
|
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Samadi, Ali Hussein.
|
| ISBN |
9783031511752 |
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3031511751 |
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