Institutional and Technological Traps

The article surveys the ideas that constitute the basis of contemporary trap theory. Theoretical diagrams and constructs are presented as well as empirical facts that reveal how institutional and technological traps originate and function. Ways in which systems get out of traps are considered, and the significance of the new theory for understanding not only global but also everyday events in economics is discussed.

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Year of publication:	2013
Authors:	Balatsky, E. V.
Published in:	Problems of Economic Transition. - M.E. Sharpe, Inc., ISSN 1061-1991. - Vol. 56.2013, 2, p. 3-25
Publisher:	M.E. Sharpe, Inc.

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010671161