首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
The main feature of a convention--a pattern of behavior that is customary, expected, and self-enforced--is that, out of a host o
The main feature of a convention--a pattern of behavior that is customary, expected, and self-enforced--is that, out of a host o
admin
2011-02-26
86
问题
The main feature of a convention--a pattern of behavior that is customary, expected, and self-enforced--is that, out of a host of conceivable choices, only one is actually used. This fact also explains why conventions are needed: they resolve problems of indeterminacy in interactions that have multiple equilibria. Indeed, from a forma[ point of view, we may define a convention as an equilibrium that everyone expects in interactions that have more than one equilibrium.
The economic significance of conventions is that they reduce transaction costs. Imagine the inconvenience if, whenever two vehicles approached one another, the drivers had to get out and negotiate which side of the road to take. Or consider the cost of having to switch freight from one type of railroad to another whenever a journey involves both a wide-gauge and a narrow-gauge railroad line. This was a common circumstance in the nineteenth century and not unknown in the late twentieth: until recently, Australia had different rail gauges in the states of South Wales and Victoria, forcing a mechanical switch for all trains bound between Sydney and Melbourne.
Conventions are also a notable feature of legal contracts. People rely on standard leases, wills, purchasing agreements, construction contracts and the like, because it is less costly to fill in the blanks of a standard contract than to Create one from scratch. Even more important, such agreements are backed up by legal precedent, so the signatories have even greater confidence that, their terms are enforceable.
We may discern two ways in which conventions become established. One is by central authority. Following the French Revolution, for example, it was decreed that horse-drawn carriages in Paris should keep to the right. The previous custom had been for carriages to keep left and for pedestrians to keep right, facing the oncoming traffic. Changing the custom was symbolic of the new order going on the left had become politically incorrect because it was identified with the privileged classes; going on the right was the habit of the common many and therefore-more "democratic."
In Britain, by contrast there seems to have been no single defining event that gave rise to the dominant convention of left-handed driving. Rather, it grew up by local custom, spreading from one region to another. This is the second mechanism by which conventions become established: the gradual accretion of precedent. The two mechanisms are not mutually exclusive, of course. Society often converges on a convention first by an informal process of accretion; later it is codified into law to regulate exceptions. In many countries, rules of the road were not legislated until the nineteenth century, but by this time the law was merely reiterating what had already become established custom.
The surprising fact is that until the end of the eighteenth century, the dominant convention was for horse-drawn carriages to keep to the left. This situation obtained in Great Britain, France, Sweden, Portugal, Austria, Hungary, Bohemia and parts of Italy. A chain of historical accidents--Napoleon adopting the new convention for his armies and imposing this convention in occupied countries; Portugal sharing a common border with occupied Spain; Austria, Hungary and Bohemian Czechoslovakia falling under German rule; Italy having elected a "modern" leader under a king--gradually tipped the balance.
We may assume that ______.
选项
A、Italy’s king codified the new regulations.
B、Germany took its traffic customs from Austria, Hungary and Bohemian Czechoslovakia.
C、Napoleon conquered Portugal
D、Napoleon conquered Spain.
答案
D
解析
转载请注明原文地址:https://www.kaotiyun.com/show/2PBO777K
0
考博英语
相关试题推荐
Lookatthenotesbelow.Someinformationismissing.Youwillheartwopeoplediscussinganinvoice.Foreachquest
Youwillhearaconversationbetweenaninterviewerandanintervieweeaboutjobapplication.Foreachquestion(23-30),mark
ReadtheletterbelowtoTimGreenfromDingForest.DearMr.Green,Iamwritingtoinquireaboutyourlatestslimmingmachine.
•Readthememoandtheadvertisementbelow.•Completetheformontheoppositepage.•Writeawordorphrase(inCAPITALLETTERS
Smallbusinessesjointogether!SmallbusinessesarebeinginvitedtojoinSmallbookBusinessAlliance(SBA).TheAlliance,
Smallbusinessesjointogether!SmallbusinessesarebeinginvitedtojoinSmallbookBusinessAlliance(SBA).TheAlliance,
Readthearticlebelowaboutanentrepreneurwhostartedacompanymakingequipmentforfitnesscentres.Foreachquestion(23
Itwas(andis)commontothinkthatotheranimalsareruledby"instinct"whereashumanslosttheirinstinctsandruledby"rea
STANZA:POEM
The______beautyofthemountainhasmadeitaworld-famousresort.Everyyearnumeroustouristsfromhomeandabroadcometovis
随机试题
(76)Withinafewshortyears,girlsinEuropehavebecomeheaviersmokersthanboys,forreasonsexpertsstillfailtounderstan
弥漫性结缔组织病的特点不包括
下列有关政府信息公开行政案件的说法哪些是正确的?()
如果飞机进近航道稍低于正确航道,驾驶员会看到PAPI系统指示的灯光信号颜色自靠近跑道向外依次为()。
产生于20世纪30年代大萧条时期的凯恩斯学派,最著名的论断之一就是流动性陷阱。凯恩斯认为,在经济衰退期间,哪怕利率降到零也没有投资意愿。顾名思义,流动性陷阱意味着,靠印钞票制造宽松的货币环境只会给人假象,实际上印出来的“流动性”是不会自己流动的,没有投资活
某车间正在对工序能力进行分析,得知某零件在第n道工序加工时,设计尺寸(单位毫米)为TU=φ20.000,TL=φ19.990。通过随机抽样,经计算得知=φ19.995,s等于0.00131。根据以上资料,回答下列问题:该工序能力指数为()。
经济价值是经济学家所持的价值观念,下列有关表述不正确的是()。
算法的时间复杂度是指()。
Accordingtotheauthor,thebrandyouuseapparentlyrevealsyoursocialstatusandpersonalities.Tobuildyouraudience,you
Whatdoestheauthormeanby"officialvehicles"?Whatdocsthelastsentenceofthispassage:indicate?
最新回复
(
0
)