_________________________________________ is the name given…

_________________________________________ is the name given to an institutional approach to capitalist democracy characterized by social partnership, a relatively centralized and concentrated system of interest groups, and voluntary and informal coordination of conflicting objectives through on-going bargaining among stakeholders with an expectation of compromise?

According to Douglass North, “_______________________ are th…

According to Douglass North, “_______________________ are the rules of the game in a society or more formally, the humanly devised constraints that shape human interaction.  In consequence they structure incentives in human exchange, whether political, social, or economic.”