Oath as a Social Institution Forms of Overcome Opportunistic Behavior
This article examines the concept of opportunistic behavior as an economic category from the standpoint of institutional theory. Opportunistic behavior defines the avoiding terms of the deal for gaining one's own benefit, to predominantly following one's own selfish interests, often to the detriment of public interests. The authors consider the meaning and role of the solemn word (oath, oath, promise) as a socio-economic social institution for solving the problem of opportunism. The main conditions for the emergence of opportunism of a contract are revealed and an oath becomes one of the factors of trust and overcoming unfair opportunistic behavior.