Guido Tabellini
<i>Presidential Address</i>Institutions and Culture
Bocconi University
distant political economic history shape functioning current institutions paper argues individual values convictions scope application norms good conduct provide missing link evidence variety sources points two main findings first individual values consistent generalized opposed limited morality widespread societies ruled nondespotic political institutions distant past second wellfunctioning institutions often observed countries regions individual values consistent generalized morality different identifying assumptions suggests causal effect values institutional outcomes paper ends discussion implications future research