Society, Politics & Law
Seeing institutions in different ways
...world over the past 50 years, talks of institutions in terms of ‘sets of rules’ (see Box 1). Box 1 Institutions as sets of rules and norms Institutions are sets of ‘rules that structure social interactions in particular ways’, based on knowledge ‘shared by members of the relevant community or society’ (Knight, 1992, p. 2). Compliance to those rules is enforced...