scholarly journals Re-feudalizing democracy: an approach to authoritarian populism taken from institutional economics

2019 ◽  
Vol 16 (1) ◽  
pp. 105-118
Author(s):  
Zoltán Ádám
Keyword(s):  
Transaction Costs ◽  
Institutional Economics ◽  
Significant Part ◽  
Coordination Mechanism ◽  
Economic Research ◽  
Large Share ◽  
Conceptual Approach ◽  
Liberal Democracies ◽  
Authoritarian Populism ◽  
Electoral Choice

AbstractResearch on populism has gained importance in the light of the recent global populist surge. Political scientists have become concerned with the problem of authoritarian populism, examining how illiberal, anti-pluralist populist parties have degraded liberal democracies. Economic research on recent forms of populism, although also growing, lack a comprehensive conceptual approach. This paper reduces this gap by conceptualizing authoritarian populism in terms of political transaction costs, arguing that its primary function is to vertically integrate political exchange under conditions of general franchise. If successful, authoritarian populist regimes internalize a large share of political transaction costs inherent in decentralized democratic political exchange. This entails a degraded version of democracy, eliminating a significant part of substantial electoral choice. Through weakening impersonal collective political contracting, authoritarian populists bring back private political contracting as a dominant political coordination mechanism, effectively re-feudalizing democracy.

Governing the Environment: the Intitutional Economics Approach

2009 ◽  
pp. 61-86
Author(s):  
Arild Vatn
Keyword(s):  
Transaction Costs ◽  
Environmental Governance ◽  
Institutional Economics ◽  
Specific Area ◽  
New Institutional Economics ◽  
Neoclassical Economics ◽  
Institutional Perspective ◽  
Institutional Structures ◽  
Plural Rationalities ◽  
Jel Classifications

- Analyzing environmental governance implies foremost to analyze institutional structures and their implications. In doing so, the present paper utilizes insights primarily from the tradition of classical institutional economics. The paper is divided in three. In the first part I describe the main features of the classical position and compare it briefly with that of neoclassical economics and the tradition of new institutional economics. In the second part I clarify what is considered the main aspects of governance as seen from an institutional perspective. In part three I move to the more specific area of environmental governance. The concept of resource regimes is defined. Moreover I analyze how different regimes influence which environmental problems appear and how they can be treated. I discuss how institutions influence the formation and articulation of knowledge and values, how they form and protect interests, how they influence the level of transaction costs and hence the possibilities for coordination, and finally how they form the motivations underlying human choices in concrete contexts. Given that all these variables are shown to be endogenous to the institutional system, the use of comparative analysis in the assessment of various governance options is emphasized.Keywords: classical institutional economics, interdependence, resource regimes, value articulation, interest protection, transaction costs, plural rationalities.JEL classifications: B52; Q50; D02; D70.

scholarly journals Gender and Transaction Costs in Use of Zero Grazing Net for Tsetse Fly and Trypanosomiasis Control in Stall Feeding Systems in Kenya

2017 ◽  
Vol 7 (3) ◽  
pp. 96
Author(s):  
Jared Isaboke Mose
Keyword(s):  
Transaction Costs ◽  
Institutional Economics ◽  
Survey Design ◽  
Sampling Technique ◽  
New Institutional Economics ◽  
Tsetse Fly ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
Men And Women ◽  
Zero Grazing

Trypanosomiasis is a widespread constraint in livestock production, mixed farming and human health in Africa. Several technologies have been developed to ameliorate the effects of the disease but delivery of these technologies to farmers has been undertaken on trial and error basis without a proper strategy leading to more failure than success and wastage of scarce resources. The purpose of this paper was to carry out an analysis of transaction costs incurred in accessing and using insecticide treated net in tsetse and trypanosomiasis control among smallholder cattle farms in Busia County, Kenya. The study utilized cross–sectional survey design and was guided by the New Institutional Economics approach and utilized stratified and simple random sampling technique to get 211 respondents for the study. Data was collected by use of structured questionnaires and analyzed using descriptive and inferential statistics. Conjoint analysis results for zero grazing net showed that cost was the most important factor influencing farmers’ decision, accounting for 38.52% of the total while durability and availability each accounted for 25% and retreatability accounted for 10% of the decisions. Further t-test results showed that there were significant differences between men and women with respect to attribute scores (at 99 d.f. and alpha = 0.05%) suggesting that men and women face different transaction costs in accessing T&T control technologies. Therefore there is need for gender sensitive strategies in T&T technology design and dissemination. Tsetse fly and Trypanosomiasis control by use of low cost technologies such as insecticide treated zero grazing net should be promoted by government and other development partners. The net should be affordable, available at supply outlets close to farmers, long lasting and re-treatable for famers to take it up.

scholarly journals Spectrum of ecological-coenotical groups of pine forests of the nature monument “medvedskij Bor” (Kirov region)

2020 ◽  
Vol 19 (2) ◽  
pp. 341-345
Author(s):  
O. N. Perestoronina ◽  
S. V. Shabalkina ◽  
N. P. Savinykh
Keyword(s):  
Natural Transformation ◽  
Significant Part ◽  
Pine Forests ◽  
Large Share ◽  
Shrub Layer ◽  
Marginal Groups

The dynamics of ecological-coenotical groups of the grass-shrub layer in various pine forests of the naturemonument “Medvedskij Bor” is analyzed in connection with the transformation of communities. The boreal groupoccupies a large share, the plants of the boreal and boreal-marginal groups account for a significant part, the meadowsteppe group disappear in most communities. A natural transformation of steppe pine-forests (bor) into zonal forests isobserved.

scholarly journals Institutional Economics: Rhetoric and Myths

Upravlenie ◽  
2016 ◽  
Vol 4 (3) ◽  
pp. 19-25
Author(s):  
Ерзнкян ◽  
Bagrat Yerznkyan
Keyword(s):  
Detailed Analysis ◽  
Institutional Economics ◽  
Target Audience ◽  
Economic Research ◽  
Main Attention ◽  
Cultural Code ◽  
Scientific Fields

This article analyzes the application of rhetoric in institutional economics interpreted in various – evaluative, disciplinary, instrumental – aspects. When considering the rhetoric with the evaluative position the emphasis is done not on the positive and neutral, but on its negative – for the recipients – treatment. In terms of disciplinary or specific scientific fields, the main attention is paid to the system, as well as evolutionaryinstitutional approach. A detailed analysis of rhetorical instruments that serve as a tool for manipulating the target audience is done. On the example of the study of place and role of cultural code in economic research it is shown by which rhetorical means myths are introduced into scientific circulation.

scholarly journals Barriers to exit encountered by small farms in light of the theory of new institutional economics

2018 ◽  
Vol 64 (No. 6) ◽  
pp. 277-290 ◽  
Author(s):  
Satola Lukasz ◽  
Wojewodzic Tomasz ◽  
Sroka Wojciech
Keyword(s):  
Transaction Costs ◽  
Eastern Europe ◽  
Structural Changes ◽  
Central And Eastern Europe ◽  
Institutional Economics ◽  
Rent Seeking ◽  
New Institutional Economics ◽  
Financial Resources ◽  
Small Farms ◽  
Production Resources

For at least 25 years, processes involving structural changes have been growing more and more intense in the countries of Central and Eastern Europe, with these processes including a decline in the number of small farms. The main aim of this paper is to present the mechanisms involved in, as well as barriers to and costs preventing the exit of farms from agriculture, including those that make it difficult to transfer production resources which are being released to other companies. This research takes the form of an overview and is based on the output of new institutional economics, and on transaction cost and rent-seeking theories in particular. The most frequent difficulties encountered in the process of exit from farming include low profitability of production and the shortage of capital among potential buyers, while the lack of sellers’ financial resources and the necessity of incurring expenses related to preparing and finalising the sale of resources held by them (the actual transaction costs related to closing down farms) are frequently overlooked. The most important barriers preventing the complete liquidation of farms are the inherent transaction costs categorised as expenses, as well as the emotional costs and costs of alternatives, which are difficult to evaluate and estimate. The following notions are particularly helpful in explaining barriers to exit from farming: the concept of transaction costs and rent-seeking theory, which are both a part of the stream of thought of new institutional economics.

scholarly journals LEGAL UNDERSTANDING OF TRANSACTION COSTS

2019 ◽  
Vol 7 (6) ◽  
pp. 668-672
Author(s):  
Raviya F. Stepanenko ◽  
Murat R. Kamarov
Keyword(s):  
Transaction Costs ◽  
Institutional Economics ◽  
Main Task ◽  
New Classification ◽  
Procedural Law ◽  
Interdisciplinary Approaches ◽  
Methodological Approaches ◽  
Substantive Law ◽  
Legal Understanding

Purposes: This paper is devoted to the legal understanding of transaction costs both as a concept and a method developed within the framework of the institutional economics discipline for analyzing the consequences of various kinds arising from the exchange of goods. This work is relevant due to the need to apply new interdisciplinary methodological approaches to solving the problems that classical jurisprudence faces. The authors gave legalized concepts of transaction and transaction costs. Methods: As the main task within the framework of this paper, the authors proposed a classification of transaction costs, with the help of which it is possible to analyze legal activity in various fields. The study was based on the works of foreign and Russian scientists, economists and lawyers. Results: In the paper, the authors found that the classification of transaction costs used in economics was created only for analyzing relationships within substantive law and using them to analyze other legal relationships seems to be quite problematic. As a result of the study, the authors developed a new classification of transaction costs, which can be used both for the analysis of substantive and procedural law. Also, they focus on certain aspects of various transaction costs. Implications/Applications: In this regard, a problem arises in creating a classification that would take into account the advantages of all these approaches, and would also be suitable for describing both substantive and procedural legal relations. Novelty/Originality: The development of domestic and foreign legal science is impossible without the use of interdisciplinary approaches, including not only the interaction of intersectoral relations, and this article has studied this issue.

scholarly journals A tranzakciós költségek és a szabványosítás kapcsolata (Relationship between transaction costs and standardization)

2013 ◽  
pp. 37-49
Author(s):  
István Kovács
Keyword(s):  
Transaction Costs ◽  
Economic Impact ◽  
Transaction Cost ◽  
Theoretical Basis ◽  
Transaction Cost Economics ◽  
Research Question ◽  
Coordination Mechanism ◽  
Main Research ◽  
The Impact ◽  
The Relationship

Az elmúlt néhány évtizedben a szabványosítás terén igen komoly változások mentek végbe. Ugrásszerűen megnőtt a szabványok száma, és jelentősen átalakult a szabványosítás folyamata is. Ezzel párhuzamosan a téma gazdasági hatásaival foglalkozó kutatások száma is megsokszorozódott, ami elsősorban a hálózati externáliák irodalmának robbanásszerű gyarapodásának köszönhető. Jelen tanulmány – az elméletek fősodrától eltérően – a tranzakciós költségek elméletében (TKE) helyezi el a szabványosítást. A szabványok és a tranzakciós költségek kapcsolatáról már születtek korábban is tanulmányok, de ezek a szabványoknak a tranzakciós költségekre gyakorolt hatásaira fókuszáltak. A tanulmány ezzel szemben arra helyezi a hangsúlyt, hogy azonosítsa a tranzakciós költségeknek a szabványosításra gyakorolt hatásait. A kutatás célja, hogy olyan elméleti alapot adjon, amelyben a témakör átfogóan elemezhető. A fő kutatási kérdés az, hogy mitől függ az, hogy melyik mechanizmus kereteiben érdemes a szabványosítást lebonyolítani. ________ Significant changes have characterized the last few decades of standardization. The number of standards has dramatically increased and processes of standardization have also changed a lot. At the same time the amount of researches that are concerned with the economic impact of standardization has also multiplied due to the boom in the literature of network externalities. Unlike the mainstream, this paper places standardization in the theory of transaction cost economics. Although there are earlier papers that are concerned with the relationship between standards and transaction costs, these studies focus on the impact of standards on transaction costs. In contrast, this paper lays emphasis on the identification of the impact of transaction costs on standardization. This study aims to provide a theoretical basis for the comprehensive analyses. The main research question: What determines which coordination mechanism is used to evolve a standard?

scholarly journals The Politics of Funding: The Rockfeller Foundation and French Economics, 1945-1955

2021 ◽  
Author(s):  
Serge Benest
Keyword(s):  
World War Ii ◽  
Institutional Economics ◽  
Rockefeller Foundation ◽  
Economic Research ◽  
Research Centers ◽  
World War ◽  
The Social ◽  
Training And Research ◽  
Almost All ◽  
Economic Training

Following World War II, the director of the Social Sciences Division at the Rockefeller Foundation, the industrial economist Joseph H. Willits, thought it important to extend its activities to Europe, especially France. His agenda was to strengthen institutional economics and to create modern research centers with a view to stabilizing the political situation. In the postwar decade, almost all economic research centers in France were funded by the Foundation, which helped provide greater autonomy to French economists within academia, but failed to reshape French economic training and research.

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