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Emil DINGA
Academia Română
As a necessary social human being, man has always had as behaviour vehicle the (formal or informal) institution. Here, generally, by institution we understand a supporting model (i.e. a rationalization) for behaviour, which can be a universal norm, an instruction, a rule, a regularity, a certain principle etc. As a result, especially if large masses of individuals have to be coagulated and convergently and coherently targeted on a temporally extensive path, the establishment of institutions, namely procedures of objectifying them (what we might call institutional mechanisms) is mandatory and without alternative. Moreover, it is easy to see that the intellectual project requires institutions and, mutually, the institutions need to be integrated into an intellectual project.

ŒCONOMICA no. 1-2/2016
Keywords: human behaviour, rationalization, institution, institutional mechanisms
JEL: E02, O15
Now – Why, What, How? [Acum – De ce, ce, cum?]