Keywords:formal and informal tools, illegal payoffs, kinds of institutions, payoff variation coefficients, regulation, transparency of business
Citation: Tatyyana Pereverzeva (2011). Tools for Regulating Trade Activity: the Institutional Dimension. Russian Journal of Entrepreneurship, 12(2), 122-127. — url: http://bgscience.ru/com/lib/2745
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Abstract:
The article raises the issues of institutional regulation of trade as a way to reduce the deviance in the industry. The author examines the formal and informal tools to reduce illegal payoffs when making trade transactions.