Lock-In means which of the following?
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Question

Lock-In means which of the following?

Select one:

a. Once a rule (institution) is established it

tends to get locked-in and become seemingly unchangeable

b. Refusal to compromise

c. Lengthy employment contracts

d. Deep commitment to being fair

e. None of these answers define lock-in


Which, if any of the following are true of rational choice approaches to institutions?


Select one:

a. The preferences of the actors are unchanged by the establishment of the institution and instead are deepened and reinforced

b. Actors are perceived to be stable entities with fixed preferences that precede the development of the institutions

c. All of these statements are true of rational choice approach to institutions 

d. Institutions are functional in that they solve particular problems for the actors.

e. Once established institutions are continued (reproduced) because it brings increasing returns to the actors who created them.

Top Answer

Question - (1) ............Select - (c)... View the full answer

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