Economics Dictionary of ArgumentsHome
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| Institutional Drift - Economics Dictionary of Arguments | |||
| Institutional drift: Institutional drift refers to the gradual, unplanned, or unintended changes in the functioning, norms, or practices of institutions over time. This shift can occur due to external influences, societal changes, or incremental adjustments within the institution itself, leading to deviations from its original purpose or design without explicit decision-making or formal changes. See also Society, Economy, Change, Institutions, Progress, Decision-making processes._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Acemoglu, Daron | Institutional Drift | Acemoglu, Daron | |
| Robinson, James A. | Institutional Drift | Robinson, James A. | |
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Ed. Martin Schulz, access date 2024-04-26 | |||
