6. Type of individual preference where a person chooses only one option and nothing else 7. Type of individual preference where a person doesn't choose any from the set of choices 8. Type of individual preference where a person has likeness over at least one option 9. Classification of institution governed by laws and standards 10. Classification of institution characterized by socially shared rules, usually unwritten, that are created, communicated, and enforced outside of officially sanctioned channels. 11. Is an umbrella concept for approaches that concern themselves with the substantive content of ideas and the interactive processes of discourse in institutional context. 12. Is a theoretical approach to the study of institutions arguing that individuals use institutions to maximize their utility or purpose 13. Suggests that the behavior of individuals is strongly shaped by the norms of institutions Individuals seek to be in synch with customs, informal rules, and the societal appropriateness. 14. Emphasizes how timing, sequences and path dependence affect institutions, and shape social, political, economic behavior and change 15. Influential piece written in 1984 that marked the emergence of the new institutionalist approaches​

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