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Part of book or chapter of book
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https://doi.org/10.1007/978-3-...
Part of book or chapter of book . 2014 . Peer-reviewed
License: Springer Nature TDM
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EconStor
Research . 2012
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Surprising Institutions

Authors: Lyttkens, Carl Hampus;
Abstract

This paper introduces the notion of surprising institutions. Because we often carry incorrect beliefs about the world surrounding us and we are therefore often mistaken about the nature of the institutional structure facing us. The story told in this paper shows that an institution may come as a surprise, even though its origins lies some 500 years back, and that the information we receive as feedback on our actions does not necessarily improve our understanding of the institutional structure. It turns out that it is possible for an "ordinary citizen" to win a case against a multinational corporation, and against a government agency with more than 350 years on its neck (what a surprise!) but it also transpires that even if you win, you lose (not quite a surprise).

Country
Sweden
Related Organizations
Keywords

institutions; beliefs; surprise; feedback; property rights, ddc:330, Economics, K11, beliefs, property rights, institutions, feedback, H11, surprise, jel: jel:K11, jel: jel:H11

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    popularity
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green