Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/179437 
Erscheinungsjahr: 
2017
Schriftenreihe/Nr.: 
ICAE Working Paper Series No. 74
Verlag: 
Johannes Kepler University Linz, Institute for Comprehensive Analysis of the Economy (ICAE), Linz
Zusammenfassung: 
This paper illustrates the usefulness of computational methods for the investigation of institutions. As an example, we use a computational agent-based model to study the role of general trust and social control in informal value transfer systems (ITVS). We find that, how and in which timeline general trust and social control interact in order to make ITVS work, become stable and highly effective. The case shows how computational models may help (1) to operationalize institutional theory and to clarify the functioning of institutions, (2) to test the logical consistency of alternative hypotheses about institutions, and (3) to relate institutionalist theory with other paradigms and to practice an interested pluralism.
Schlagwörter: 
agent-based computational economics
evolutionary-institutional economics
informal value transfer systems
general trust
social control
JEL: 
C63
C72
D02
F33
G23
Dokumentart: 
Working Paper

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