The Effects of Path Dependence and Economy of Scale in Russian legislature

2014 ◽  
pp. 58-82 ◽  
Author(s):  
S. Kirdina ◽  
A. Rubinstein
Keyword(s):  
Path Dependence ◽  
Economy Of Scale

From transaction costs to transaction value: Overcoming the frictional paradigm

2020 ◽  
pp. 51-81
Author(s):  
D. P. Frolov
Keyword(s):  
Transaction Costs ◽  
Transaction Cost ◽  
Path Dependence ◽  
Transaction Cost Economics ◽  
Cost Minimization ◽  
Low Cost ◽  
Coase Theorem ◽  
Transactional Analysis ◽  
Transaction Sector ◽  
Transaction Value

The transaction cost economics has accumulated a mass of dogmatic concepts and assertions that have acquired high stability under the influence of path dependence. These include the dogma about transaction costs as frictions, the dogma about the unproductiveness of transactions as a generator of losses, “Stigler—Coase” theorem and the logic of transaction cost minimization, and also the dogma about the priority of institutions providing low-cost transactions. The listed dogmas underlie the prevailing tradition of transactional analysis the frictional paradigm — which, in turn, is the foundation of neo-institutional theory. Therefore, the community of new institutionalists implicitly blocks attempts of a serious revision of this dogmatics. The purpose of the article is to substantiate a post-institutional (alternative to the dominant neo-institutional discourse) value-oriented perspective for the development of transactional studies based on rethinking and combining forgotten theoretical alternatives. Those are Commons’s theory of transactions, Wallis—North’s theory of transaction sector, theory of transaction benefits (T. Sandler, N. Komesar, T. Eggertsson) and Zajac—Olsen’s theory of transaction value. The article provides arguments and examples in favor of broader explanatory possibilities of value-oriented transactional analysis.

Democratization in Serbia: An Analysis of Rational Choice and Structuralist Explanations

2015 ◽  
Author(s):  
Dunja Apostolov-Dimitrijevic
Keyword(s):  
Rational Choice ◽  
Path Dependence ◽  
Theoretical Perspective ◽  
Political Leadership ◽  
Decisive Role ◽  
The Other ◽  
Internal Factors ◽  
Transitional Societies ◽  
The Face

This paper explains political democratization in Post-Milosevic Serbia, utilizing two different accounts of the democratization process: one rooted in the rational choice framework and the other in structuralism. While rational choice explains the decisive role of political leadership in overcoming path dependence, the structuralist explanations show the transnational linkages that encourage democratization in the face of domestic setbacks. This particular debate between the two types of explanations represents the larger debate concerning the role of internal factors and external linkages in propelling democratization in transitional societies. The paper concludes by integrating the two sets of explanations offered by each theoretical perspective, in order to develop a coherent understanding of Serbia's democratization.   Full text available at: https://doi.org/10.22215/rera.v9i1.240

Time in International Organizations and International Organizations in Time

2019 ◽  
Author(s):  
Eugénia C. Heldt
Keyword(s):  
International Organizations ◽  
Path Dependence ◽  
Time Pressure ◽  
Temporal Dimension ◽  
Incremental Change ◽  
Critical Junctures ◽  
Pressure Time ◽  
Multilateral System ◽  
System Time ◽  
Over Time

Time plays a central role in international organizations (IOs). Interactions among actors are embedded in a temporal dimension, and actors use formal and informal time rules, time discourses, and time pressure to obtain concessions from their counterparts. By the same token, legacies and innovations within and outside IOs can be examined as a dynamic process evolving over time. Against this background, this chapter has a twofold aim. First, it examines how actors use time in IOs with a particular focus on multilateral negotiations to justify their actions. Drawing on international relations studies and negotiation analysis, this piece explores six different dimensions of time in the multilateral system: time pressure, time discourse, time rules, time costs, time horizons, and time as a resource. Second, this chapter delineates the evolution of IOs over time with the focus on innovations that emerge to adapt their institutional system to new political and economic circumstances. This piece looks particularly at endogenous and exogenous changes in IOs, recurring to central concepts used by historical institutionalism, including path dependence, critical junctures, and sequencing. This allows us to map patterns of incremental change, such as displacement, conversion, drift, and layering.

scholarly journals African seaports and development in historical perspective

2020 ◽  
Vol 32 (1) ◽  
pp. 185-200 ◽  
Author(s):  
Ayodeji Olukoju
Keyword(s):  
Path Dependence ◽  
Historical Perspective ◽  
Transport Systems ◽  
Social Characteristics ◽  
The Waves ◽  
Technological Flexibility

This article presents a long-term explanation of port evolution in Africa. It focuses on the economic, political and social characteristics that influenced the development of maritime infrastructures and their interaction with inland transport systems. This article demonstrates how seaport evolution in Africa has been heavily affected by path-dependence patterns. In addition, this study provides evidence of the insertion of the African economy into the waves of globalization through the modernization of seaports and the necessary institutional and technological flexibility.

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