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  • 标题:Pluralistic Institutional Solutions Of The Problem Of Externalities
  • 本地全文:下载
  • 作者:Bagrat Yerznkyan
  • 期刊名称:Montenegrin Journal of Economics
  • 印刷版ISSN:1800-5845
  • 电子版ISSN:1800-6698
  • 出版年度:2012
  • 卷号:8
  • 期号:2
  • 出版社:Economic Laboratory for Transition Research Podgorica
  • 摘要:In this paper, the evolution of institutional forms of taking account and controlling externalities is analyzed. Theorizing is based on the pluralistic from the institutional viewpoint concepts of 'transaction' and mode of coordination'. That is to say, the three types of transaction (managerial, bargaining, and rationing) indicated by John Commons which structure state-economy-society interaction and corresponding institutional setups (government regulation, Coase's market bargaining, and relational contracting with emp-hasis on the idea of corporate social responsibility, CSR) which structure contractual agreements. The choice of the transaction types and institutional arrangements depends on their relative efficiency. The paper includes a characterization of the Russian institutio-nal setup and an analysis of advantages and disadvantages of the different forms of insti-tutional arrangements designed for solving the problem of externalities
  • 关键词:Externalities; Institutional Pluralism; Contractual Arrangements; Types of ;Transaction
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