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Erschienen in:
2016 | OriginalPaper | Buchkapitel
10. Benefit Distribution Institution: Competitive Institution
verfasst von : Shaorong Sun
Erschienen in: Five Basic Institution Structures and Institutional Economics
Verlag: Springer Singapore
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Abstract
Benefit distribution institutions is designed to give out “benefits” to each and every individual within an institution. In social life, many “benefits” are often limited and there is not enough to go around for everyone. Therefore, the benefits available must be distributed to individuals in accordance with certain standards or principles to maximize the effect of these benefits in society. For example, the opportunities to access higher education, to get jobs and promotions, to win a greater market share for products all are distributed to individuals through a benefit distribution institution, from an institution management perspective.