Informal Institutions, Formally
That’s the title of a paper I’ve finished a first draft of, which I’ll be presenting at the NYU market process colloquium in two weeks. The paper draws heavily on Madmen. I’ll post a complete draft after incorporating comments from NYU, and will post as an addendum here. For now, here is the abstract and introduction. Informal Institutions, Formally Edward J. Lopez Professor of Economics Western Carolina University Abstract: Informalinstitutions are important to numerous areas of…
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