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To Understand the Informal (on the Book BY V. L. Tambovtsev “Economics of Informal Institutions”)

https://doi.org/10.32609/0042-8736-2015-6-151-158

Abstract

The review considers the first attempt in the history of Russian economic thought to give a detailed analysis of informal institutions (IF). It recognizes that in general it was successful: the reader gets acquainted with the original classification of institutions (including informal ones) and their genesis. According to the reviewer the best achievement of the author is his interdisciplinary approach to the study of problems and, moreover, his bias on the achievements of social psychology because the model of human behavior in the economic mainstream is rather primitive. The book makes evident that namely this model limits the ability of economists to analyze IF. The reviewer also shares the author’s position that in the analysis of the IF genesis the economists should highlight the uncertainty and reject economic determinism. Further discussion of IF is hardly possible without referring to this book.

About the Author

A. Zaostrovtsev
National Research University Higher School of Economics (St. Petersburg); European University in St. Petersburg
Russian Federation


References

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Review

For citations:


Zaostrovtsev A. To Understand the Informal (on the Book BY V. L. Tambovtsev “Economics of Informal Institutions”). Voprosy Ekonomiki. 2015;(6):151-158. (In Russ.) https://doi.org/10.32609/0042-8736-2015-6-151-158

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ISSN 0042-8736 (Print)