Institution type sorts social institutions by the specific organizational form they take. Wikipedia notes anthropologists classify family organizations as "matrifocal... patrifocal... conjugal... avuncular... or extended," several distinct forms doing a similar underlying job. This dimension groups institutions that share the same organizational type.
Facts
Comparison
Established Era informal microfinance group
Sources
1. Wikipedia: Institutional economics
WikipediaInstitutional economics, lead sectionQuote, Institutional economics, lead section
Its name and core elements trace back to a 1919 American Economic Review article by Walton H. Hamilton.
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