**Institution:** The prescriptions that humans use to organize all forms of repetitive and structured interactions” (Ostrom, 2005, p. 3).
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Institutions (singular: institution) are humanly devised structures of rules and norms that shape and constrain individual behavior.[1][2][3][4] All definitions of institutions generally entail that there is a level of persistence and continuity.[5] Laws, rules, social conventions and norms are all examples of institutions.[6] Institutions vary in their level of formality and informality.[7][8]
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