Institutional Economics Answers (Synergy Test)

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

1. Army organizational structure is an illustration of ... structure
2. Depending on how much it is possible to solve the bilateral problem ..., distinguish between "contractual" and "exploitative" models of the state
3. 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 ...
4. 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
5. In a relationship contract ...
6. In the interpretation of O. Williamson, the most important institutions in a market economy are ...
7. Bribing a tax official who “turns a blind eye” to your firm’s implausible balance sheet is a cost ...
8. The choice of the individual between obedience to the law and the extralegal economy is determined ...
9. To achieve Stackelberg equilibrium, the player must follow the rules ...
10. The hard core of neoclassicism includes the assertion that ...
11. Institutional blocking means ...
12. Institutional change manifests itself in change ...
13. Information between the parties to contractual relations in the theory of the agency is distributed ...
14. Costs ex ante include costs ...
15. The main reasons for institutional change include ...
16. The conditions for the occurrence of extortion include ...
17. 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 ...
18. It is not true that the "protective shell" of neoclassicism includes the statement that ...
19. It is not true that ... to the institutional reasons for the growth of the shadow economy ...
20. It is not true that ... the most important duties of the state
21. It is not true that ... can be attributed to the mechanism of combating unfavorable selection
22. It is not true that ... influences the choice of the optimal form of management
23. It is not true that ... refers to the erosion of property rights
24. It is not true that rules can fulfill a function ...
25. Incomplete contract ...
26. The first economic revolution, according to D. North, led to the creation of ...
27. Everyday buying cigarettes in the nearest store is a reflection of ...
28. The advantages of informal institutions over formal ...
29. An example of an asset with a high degree of specificity: ...
30. The problem of "free rider" is unlikely to arise ...