Research Problem: Despite growing recognition that digital transformation strategies affect economic coordination, no study has empirically tested whether different national digital development models create systematically different transaction cost environments, particularly in emerging...

The crucial importance of institutions for economic and social development has become part of the conventional wisdom in economics. In recent years, economists have become particularly interested in the potential role of informal institutions but measuring them remains a serious challenge. This...

Can theologians, philosophers and economists have a fruitful conversation about human flourishing? In practice, that does not appear to be so easy. Nevertheless, I believe it is worthwhile to bring knowledge from different disciplines into conversation. In doing so, I choose an approach that...

This essay aims to address the existing theoretical gap regarding the in-depth study of institutional change and its relationship with the endogenous development potential of regions. The intersection of these two theoretical approaches offers an understanding of how changes in formal and...

This paper examines the concept of decentralised autonomous organisations (DAOs), blockchain-based entities intended to operate without central authority or management hierarchy, through the lens of organisational economics. It compares DAOs with conventional organisational forms and explores...