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2024 | OriginalPaper | Buchkapitel

Cognitive Inertia as a Fundamental Cause of Institutional Inertia

verfasst von : Ali Hussein Samadi, Alireza Raanaei, Mojtaba Panahi

Erschienen in: Institutional Inertia

Verlag: Springer Nature Switzerland

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Abstract

Various reasons have been stated to explain the formation of institutional inertia. The best factor to explain this phenomenon is the factor that plays a unique role in the formation and development of institutions. Based on this, cognitive factors can be considered the basic factors of creating institutions at the fundamental level. However, in the institutional economics literature, less attention has been paid to these factors. According to the relationship between the institution and cognitive factors, it may be argued that cognitive inertia is the cause of the formation of institutional inertia. Therefore, cognitive factors can be seen as the most important formation of institutions. The main idea of this chapter is based on the synthesis of institutional economics and behavioral economics. Therefore, in this chapter, the question of how cognitive inertia leads to institutional inertia is studied.

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Vorheriges Kapitel The Roots of Cognitive Inertia: An Introduction to Institutional Changes

Nächstes Kapitel Overview of Institutional–Organizational Inertia Nexus

To read more about the theories of institutional change, refer to Samadi and Alipourian (2021a).

To read more about the concept of institutional inertia, refer to Chapter “An Introduction to Institutional Inertia: Concepts, Types and Causes” of this book.

To read more about the factors affecting cognitive inertia, refer to this chapter of this book.

To read more about the concept of institutions, refer to Samadi and Alipourian (2021a, b).

To read more about the concept of institutional inertia, institutional rigidity, and institutional stasis refer to Chapter “An Introduction to Institutional Inertia: Concepts, Types and Causes” of this book.

To read more about the different theories of institutional change, refer to Samadi and Alipourian (2021).

To read more about the concept of institutional inertia, and sources of institutional inertia refer to Chapter “An Introduction to Institutional Inertia: Concepts, Types and Causes” of this book.

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Titel: Cognitive Inertia as a Fundamental Cause of Institutional Inertia
verfasst von: Ali Hussein Samadi
Alireza Raanaei
Mojtaba Panahi
Verlag: Springer Nature Switzerland
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_7

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