The Regulatory Span of (Formal) Institutions: Essay Inspired by Klammer & Scorsone (2022)

Wilfred Dolfsma

doi:10.1080/00213624.2023.2273183

The Regulatory Span of (Formal) Institutions: Essay Inspired by Klammer & Scorsone (2022)

Wilfred Dolfsma^*

^*Corresponding author for this work

Business Management & Organisation

Research output: Contribution to journal › Comment/Letter to the editor › Academic

Abstract

Formal institutions, most prominently laws, impact society and also the economy by changing actors’ behavior. How that impact can be conceptualized is in need of more elaboration. Klammer & Scorsone’s (2022) recent publication opens avenues on how to understand the ways in which institutions can over-instruct, under-instruct and ambiguously instruct the behavior of actors. Sources of and direction for institutional change can then be better understood.

Original language	English
Pages (from-to)	1355-1359
Number of pages	5
Journal	Journal of Economic Issues
Volume	57
Issue number	4
DOIs	https://doi.org/10.1080/00213624.2023.2273183
Publication status	Published - Dec 2023

Keywords

formal institutions
informal institutions
institutional change
institutional entrepreneurship
institutions
law

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10.1080/00213624.2023.2273183Licence: CC BY-NC

https://edepot.wur.nl/650126Licence: CC BY-NC

Cite this

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abstract = "Formal institutions, most prominently laws, impact society and also the economy by changing actors{\textquoteright} behavior. How that impact can be conceptualized is in need of more elaboration. Klammer & Scorsone{\textquoteright}s (2022) recent publication opens avenues on how to understand the ways in which institutions can over-instruct, under-instruct and ambiguously instruct the behavior of actors. Sources of and direction for institutional change can then be better understood.",

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KW - informal institutions

KW - institutional change

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KW - law

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The Regulatory Span of (Formal) Institutions: Essay Inspired by Klammer & Scorsone (2022)

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Keywords

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