War for profit: English corsairs, institutions and decentralised strategy

On the Institutional Roots of Swiss Democracy

“…The use of macro-culture appeared very recently in institutional economics (adapted from the organizational theory) as introduced in 2012, to investigate the relation between property rights and the values of democracy in the Bronze Age and the Archaic Greece [11] and to interpret the creation of cooperative companies formed private cruisers of England and the United Provinces (the Netherlands) in the late 16th century and early 17th century [12]. A macro-culture is a set of common values, norms and beliefs that characterize the members of a society or a state.…”

“…Macro culture, when adjusting the dimension of both economy and politics, includes also the characteristic of time (dynamic process) and it is studied mainly for long periods of time. The elements of macro-culture take shape over periods of decades or centuries [12].…”

“…According to Kyriazis and Economou [12] the answer On the Institutional Roots of Swiss Democracy can be found in the theory of bounded rationality. References [48,49] developed the theory of bounded rationality, which states that the mind has limitations, for example in its capacity to absorb and use new information.…”

“…It is the current canton Graubunden [2]. The Glarus and Appenzell Innerrchoden maintain until today the assembly of all citizens, while for the rest cantons was abolished in the 19th and 20th century 12 .…”

“…To achieve this synthesis we use the tools of macro-culture and bounded rationality. The macro-culture is a methodology that began very recently used in institutional economics [11,12] and the political economy, whereas previously used for management science [13,14,15] and psychology [16].…”