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instituce

An institution is an enduring system of rules, norms, and structures that organize social behavior. It can refer to formal organizations such as governments, courts, schools, banks, and corporations, but also to the underlying social arrangements that guide daily life, including laws, conventions, and standards of conduct. Institutions create expectations, reduce uncertainty, and coordinate actions among individuals and groups.

Institutions are generally categorized as formal or informal. Formal institutions are codified and enforced, for example

Functions include establishing legitimacy, distributing resources, resolving conflicts, and providing public goods. They shape incentives, constrain

The study of institutions covers fields like institutional economics, political science, and sociology. Theories highlight path

constitutions,
statutes,
regulatory
bodies,
and
established
organizations.
Informal
institutions
consist
of
unwritten
norms,
traditions,
and
practices
that
influence
behavior,
such
as
social
etiquette,
cultural
norms,
or
religious
customs.
The
term
is
used
across
political,
economic,
educational,
and
legal
contexts.
behavior,
and
enable
complex
coordination
over
long
time
horizons.
Institutional
arrangements—such
as
property
rights,
contract
law,
and
electoral
rules—can
profoundly
affect
economic
development
and
social
outcomes.
dependence,
institutional
change
through
reform,
and
the
role
of
power
and
legitimacy
in
sustaining
or
transforming
arrangements.
Institutions
evolve,
sometimes
slowly,
but
can
be
redesigned
to
meet
new
needs
and
contexts.