In the institutional analysis and development (IAD) approach, institutions which make rules may be intangible.

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In the IAD framework, institutions are defined by the rules that are used to organize repetitive activities. These institutions can be formal or informal, tangible or intangible, as they encompass not only physical entities but also the conventions, norms, and legal rules that guide behavior.

In the Institutional Analysis and Development (IAD) Approach, Institutions Which