Kathryn Hendley () (University of Wisconsin-Madison) Peter Murrell () (Department of Economics, University of Maryland) Randi Ryterman () (The World Bank)
Additional information is available for the following
registered author(s):
We examine how Russian enterprises do business with one another, focusing on the strategies used to obtain efficiency and predictability in their transactions. Using survey data, the paper analyzes the relative importance of relational contracting, self-enforcement, enterprise networks, private security firms, administrative institutions, and courts. Enterprise-to-enterprise negotiations are preferred, but courts are used when disputes resist resolution through negotiation. Consistently, little evidence suggests enterprises resort to private enforcement, indicating overstatement in the supposed connection between weakness in law and the mafia's rise. Legacies of the old administrative enforcement mechanisms are few, although enterprise networks from Soviet days remain resilient.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by University of Maryland, Department of Economics in its series Electronic Working Papers with number
98-001.
Length: 47 pages Date of creation: Sep 1998 Date of revision: Handle: RePEc:umd:umdeco:98-001
Contact details of provider: Postal: Department of Economics, University of Maryland, Tydings Hall, College Park, MD 20742 Web page: http://www.econ.umd.edu/
Order Information: Postal: Ms. Elizabeth Martinez, Department of Economics, University of Maryland, Tydings Hall, College Park, MD 20742 Email:
For technical questions regarding this item, or to correct its listing, contact: (Peter Murrell).
Find related papers by JEL classification: K12 - Law and Economics - - Basic Areas of Law - - - Contract Law L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General P50 - Economic Systems - - Comparative Economic Systems - - - General
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)