MGCR 382 Lecture Notes - Lecture 9: Totalitarianism, Napoleonic Code, Ease Of Doing Business Index
Document Summary
Normative codes that guide, control, or change the behaviour of agents with decision making capacities. Define what is permissible and what is not. Social constructs: created by interactions and discourse of members of society. Types/levels of rules: laws & regulations determined by politics and enforced by government, norms determined by society and enforced informally by social pressure, standards set by private institutions and self-regulated, terms are loose. When we talk about health standards for food products, we might say self- regulation, but it often means health regulations set by and enforced by gov"t. Acts, executive orders, judicial decisions, gov"t decisions. The state exercises a monopoly on the legitimate use of physical force within a given territory. Norms are customary rules that govern behaviour in groups & societies. Norms vary: what is gift vs what is bribe. Enforced by social pressure, including ostracizing those who do not conform. Rules governing specific aspects of behaviour of private sector actors.
