Living Reference Work Entry

Encyclopedia of Law and Economics

pp 1-4

Date: Latest Version

Institutional Complementarity

  • Fabio LandiniAffiliated withLUISS University Email author 
  • , Ugo PaganoAffiliated withUniversity of SienaCentral European University

Abstract

Institutional complementarity refers to situation of interdependence among institutions. The present article presents a formal representation of institutional complementarity and discusses several economic applications of this concept.