INSTITUTIONAL INTERVENTION AS A RATIONAL CHOICE: MICROECONOMIC FOUNDATIONS OF THE INVOLUNTARY EXCHANGE
https://doi.org/10.38050/01300105201862
Abstract
Based on the hypothesis of uneven distribution of violence potential among economic agents, the paper describes a model of power redistribution as the purposeful manipulation of rules and/ or enforcement mechanisms. The author determines the methodological foundations, premises and theoretical framework for the study of institutional interventions as forms of involuntary exchange. The state of violent equilibrium is described: further use of potential power for the interventionist leads to a decrease in legitimacy and increased control costs; the resistance of the object of intervention to the established institutional order causes an increase in the costs of noncompliance. We propose practical applications and perspective directions for further studies of power redistribution in the political and economic process.
About the Author
С. Кристиневич
Белорусский государственный экономический университет
Russian Federation
Russian Federation
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For citations:
INSTITUTIONAL INTERVENTION AS A RATIONAL CHOICE: MICROECONOMIC FOUNDATIONS OF THE INVOLUNTARY EXCHANGE. Moscow University Economics Bulletin. 2018;(6):24-39. (In Russ.) https://doi.org/10.38050/01300105201862
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