Institutional Economics Answers (Synergy Test)

Product description

Test with answers on Institutional Economics Synergy IFPU. Results 90-100 points. Excellent exam

Topic 1. Introduction to Institutional Analysis

Topic 2. Norms, rules, institutions

Topic 3. Plan and Market Institutions

Topic 4. Transaction costs

Topic 5. Theory of contracts

Topic 6. Extra-legal economy

Topic 7. Theory of organizations. The theory of the firm

Topic 8. Changing institutions over time: evolution and revolution

Topic 9. Theory of the state

• Army organizational structure is an illustration of ... structure
• Depending on how much it is possible to solve the bilateral problem ..., distinguish between "contractual" and "exploitative" models of the state
• In the institutional theory, it is believed that the state is a reliable guarantor of the execution of social contracts, if in the analysis of items of state budget revenues prevail ...
• In an exploitative state under a proportional taxation system, underproduction occurs ... because the number of people employed in the public sector is less than necessary to maximize the income generated
• In a relationship contract ...
• In the interpretation of O. Williamson, the most important institutions in a market economy are ...
• Bribing a tax official who “turns a blind eye” to your firm’s implausible balance sheet is a cost ...
• The choice of the individual between obedience to the law and the extralegal economy is determined ...
• To achieve Stackelberg equilibrium, the player must follow the rules ...
• The hard core of neoclassicism includes the assertion that ...
• Institutional blocking means ...
• Institutional change manifests itself in change ...
• Information between the parties to contractual relations in the theory of the agency is distributed ...
• Costs ex ante include costs ...
• The main reasons for institutional change include ...
• The conditions for the occurrence of extortion include ...
• The manager of an enterprise intending to purchase a consignment of goods on a prepaid basis will prefer an application for sale (with the same price-quality ratio) from ...
• It is not true that the "protective shell" of neoclassicism includes the statement that ...
• It is not true that ... to the institutional reasons for the growth of the shadow economy ...
• It is not true that ... the most important duties of the state
• It is not true that ... can be attributed to the mechanism of combating unfavorable selection
• It is not true that ... influences the choice of the optimal form of management
• It is not true that ... refers to the erosion of property rights
• It is not true that rules can fulfill a function ...
• Incomplete contract ...
• The first economic revolution, according to D. North, led to the creation of ...
• Everyday buying cigarettes in the nearest store is a reflection of ...
• The advantages of informal institutions over formal ...
• An example of an asset with a high degree of specificity: ...
• The problem of "free rider" is unlikely to arise ...

Additional information

• Will ignore the excuses of a student who was not prepared for the lesson that “the library was closed, the necessary textbook was not in another library, and we also had a test on probability theory ...”, a representative ...
• The situation described by D. North, when “an increment of changes in the technological sphere, once taking a certain direction, can lead to the victory of one technological solution over others, even when the first technological direction turns out to be less effective in comparison with the rejected alternative” - this is ...
• A consequence of the specification of property rights to fish resources in the neutral waters of the World Ocean, all other things being equal, will be ... the volume of fish resources
• According to North, the cause of institutional change is ...
• Specification of property rights means ...
• Cheating on offset can be attributed to ... the sector of the economy
• Transaction costs ...
• Economic institutions ...
• Empirical assessment of transaction costs ...