e='font-size:12.0pt;line-height:107%;font-family:”Times New Roman”,serif; mso-fareast-font-family:”Times New Roman”;color:black;mso-themecolor:text1'>Sociology:
Proposition 1 of the institution-based view specifically concerns bounded rationality.
Intellectual property rights are enforced though the informal institution system
. In a pure market economy, the government only performs functions that the private sector cannot do.
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