The types of institutions that make the behavior of others more predictable are:

Question

Quizplus · Accepted Answer

All three options - markets and prices, agreed-upon beliefs, and laws and legitimate processes of legal enforcement - create predictability in the behavior of others by establishing rules and expectations for how people should act. Markets and prices dictate the rules of exchange, agreed-upon beliefs give people a shared understanding of what is acceptable or unacceptable behavior, and laws and legal processes provide a formal structure for enforcing rules and punishing those who do not comply. Therefore, all of these institutions contribute to making the behavior of others more predictable.

The Types of Institutions That Make the Behavior of Others