Elementary Model Of Institutional Change And Economic Welfare
The article discussed problems of influence to institutional change, rate its change, for economic systems, wealthy and efficiency. Author are offered and in detail developed the model of institutional change, and discovering the effect of chess-game, to demonstrate, that the speed (rate) and matter of institutional change determination by performance of economic systems to shot time period. This is give possibility do some conclusions to economic policy and the theory of efficiency, which are not coincide to conclusions of mainstream.
When requesting a correction, please mention this item's handle: RePEc:mje:mjejnl:v:7:y:2011:i:2:p:55-64. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Eryk Wdowiak)
If references are entirely missing, you can add them using this form.