Elinor Ostrom argues that society's ability to build institutions to deal with the tragedy of the commons is positively affected by:

Select one:

a.the number of users.

b.the uncertainty of the effects of overuse.

c.the diffusion of authority among the users.

d.None of the above.

Informal institutions are:

Select one:

a.traditions.

b.popular myths

c.All of the above.

d.None of the above.

Informal institutions are:

Select one:

a.government laws.

b.are part of the symbolic structures that humans create to give their activities significance and importance.

c.All of the above.

d.None of the above.

Less developed economies tend to have more informal activity than more developed economies because:

Select one:

a.the persistence of colonial legal structures means that formal institutions more often clash with the interests of the majority of people.

b.economic growth is a more recent phenomenon, and many existing informal institutions evolved before rapid structural change and economic development occurred.

c.All of the above.

d.None of the above.