Institutional Endowments and the Lithuanian Holding as Innovative Network: A Problem of Institutional Compatibility in the Baltic Sea Area

Post-socialist Lithuania had an undeveloped banking, a weak network commitment, and a resilient nomenklatura. An evolutionary Crossroads game shows that this made the nomenklatura bank convention stronger than the capitalist bank convention. In the nomenklatura bank convention, rent-seeking behavior...

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Bibliographic details
Volume: 17
Main Author: Marmefelt, Thomas
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: Boston Kluwer Academic Publishers 01.03.2004
published in: The Review of Austrian economics Vol. 17; no. 1; pp. 87 - 113
Data of publication: 20040300
ISSN: 0889-3047
EISSN: 1573-7128
Discipline: Economics
Political Science
Online Access: Fulltext
Database: CrossRef
Academic OneFile (A&I only)
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