• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Dilyara Mustafaeva
Economic Equilibriums in the Presence of Informal Institutions
Economics
(Bachelor’s programme)
9
2017
A model of a partial equilibrium in the economy of distribution of a public good with two types of agents (officials and firms) is presented and analyzed in this paper. These agents compete for a limited state good, but the nature of this competition and its results vary depending on the institutional framework.

Four variations of the model were examined: a model in the absence of the informal institutions, a model with blat, a model with corruption, and a model with blat and corruption. A step-by-step analysis of each of the model specifications allows us to draw conclusions about the ways in which various factors affect the equilibrium distribution of benefits in the economy. Particularly, blat and corruption lead to an uneven distribution of benefits in the society, the government measures to combat corruption do not always lead to a decrease in the level of corruption, while blat and corruption act as substitutes for each other.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses