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Erschienen in:
An Introduction to Institutional Inertia-Theory and Evidence Kapitel lesen Erstes Kapitel lesen

2024 | OriginalPaper | Buchkapitel

Inertia in Informal Institutions: Concepts and Effects

verfasst von : Zahra Kheiridoust

Erschienen in: Institutional Inertia

Verlag: Springer Nature Switzerland

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Abstract

This chapter investigates inertia in informal institutions, that is, the culture and values of a society. The limited cognitive capacity of the human mind and the complex relationships between different institutions are the reasons identified for the inertia of informal institutions. Humans’ limited cognitive capacity forms beliefs, on the one hand, and human habits, on the other. Concerning institutions and organizations, beliefs and habits cause institutional inertia. The limited human cognitive capacity, accompanied by issues such as human interest and the “free rider problem”, forms the inertia of informal institutions in another way. Furthermore, since we are not always faced with the inertia of informal institutions and sometimes sudden changes may occur in informal institutions, we address in this chapter the speed and direction of changes in informal institutions. Of course, culture should be dynamic and able to change along with technological and economic developments, protecting society’s cultural endowment, identity, and special values to avoid cultural revolution and decay. Furthermore, this chapter addresses viewpoints that ignore inertia in informal institutions.

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Vorheriges Kapitel The Origin of Development, Critical Juncture, and Institutional Inertia
Nächstes Kapitel The Roots of Cognitive Inertia: An Introduction to Institutional Changes
Fußnoten
1
For instance, informal social norms adopted in a society can be considered the coordinators of the expectations (or cultural beliefs) of many (rational) players concerning what they carry out within or outside the course of their games (Greif, 2006).
 
2
For more information about these two theories, see, for example, Parsons (2017), Mesoudi (2016), Keltner et al. (2022), and Jagiello et al. (2022).
 
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Metadaten
Titel
Inertia in Informal Institutions: Concepts and Effects
verfasst von
Zahra Kheiridoust
Copyright-Jahr
2024
Buch
Institutional Inertia

Print ISBN: 978-3-031-51174-5

Electronic ISBN: 978-3-031-51175-2

Copyright-Jahr: 2024

DOI
https://doi.org/10.1007/978-3-031-51175-2_5

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