Abstract
Formal institutions, most prominently laws, impact society and also the economy by changing actors’ behavior. How that impact can be conceptualized is in need of more elaboration. Klammer & Scorsone’s (2022) recent publication opens avenues on how to understand the ways in which institutions can over-instruct, under-instruct and ambiguously instruct the behavior of actors. Sources of and direction for institutional change can then be better understood.
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