| Description |
1 online resource |
| Series |
Perspectives in behavioral economics and the economics of behavior |
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Perspectives in behavioral economics and the economics of behavior.
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| Contents |
Front Cover; The Cognitive Basis of Institutions; Copyright Page; Contents; Preface; 1 Introduction: What Are Institutions?; 1.1 Institutions and Rules; 1.2 Belief Systems; 1.3 Norms and Coordination; 1.4 Organizations; 1.5 Summary; References; 2 Institutions and the Economics of Behavior I; 2.1 Introduction; 2.2 Old Institutional Economics; 2.3 New Institutional Economics; 2.4 Incentives and Efficiency; 2.5 Trust and Property Rights; 2.5.1 Overview of the Model; 2.5.2 The Model; 2.5.3 Analysis; 2.6 Institutional Inequality; 2.6.1 Background; 2.6.2 The Model; 2.6.3 Analysis; 2.6.4 Discussion |
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2.7 SummaryReferences; Further Reading; 3 Institutions and the Economics of Behavior II; 3.1 The Economics of Behavior; 3.2 Nudges; 3.3 Discounting; 3.3.1 Hyperbolic Discounting; 3.3.2 Addiction; 3.4 Herds; 3.4.1 The Framework; 3.4.2 Behavior; 3.4.3 Collective Configurations of Opinions; 3.4.4 Web Herd Behavior: An Example; 3.5 Culture; 3.6 Culture and Hierarchy; 3.6.1 The Setting; 3.6.2 The Framework; 3.6.3 Analysis; 3.7 Possible Selves; 3.7.1 The Setting; 3.7.2 The Framework; 3.7.3 Self-Confidence and Economic Performance; 3.8 Summary; References; 4 Why Bounded Rationality? |
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4.1 Introduction4.2 Bounded Rationality; 4.3 Ecological Rationality; 4.4 Entrepreneurship; 4.5 Summary; References; 5 Emergence of Prosocial Behavior; 5.1 Introduction; 5.2 Reputation; 5.3 Social Preferences; 5.4 Altruism and Envy; 5.4.1 The Model; 5.4.2 The Evolution of Norms; 5.5 Altruistic Punishment; 5.6 Norm Compliance; 5.6.1 The Model; 5.6.2 Choice of â#x80;#x9C;xâ#x80;#x9D;; 5.6.3 Choice of â#x80;#x9C;pâ#x80;#x9D;; 5.6.4 Evolution of â#x80;#x9C;Âæâ#x80;#x9D;; 5.7 Corporate Social Performance; 5.7.1 Overview; 5.7.2 The Model; 5.7.3 Discussion; 5.8 Conservation on the Commons; 5.8.1 The Model; 5.8.2 Equilibrium and Behavior |
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5.8.3 Identity and Resource Dynamics5.9 Summary; References; 6 Cognition and Order; 6.1 Introduction; 6.2 Sensory Order; 6.3 Mind and Institutions; 6.4 Complexity and Society; 6.5 Summary; References; Further Reading; 7 Society and Knowledge; 7.1 Introduction; 7.2 Dispersed Knowledge; A Note on Common Knowledge; 7.3 Rules of Conduct; 7.4 Salience; 7.5 Culture as Information; 7.5.1 Culture and Social Learning; 7.5.2 Culture and Path Dependence; 7.6 Summary; References; 8 Understanding Institutional Evolution; 8.1 Introduction; 8.2 Institutions as Rules; 8.3 Institutions as Equilibria |
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8.4 Understanding Coevolution8.5 Cultural Evolution; 8.6 Summary; References; Index; Back Cover |
| Summary |
The Cognitive Basis of Institutions: A Synthesis of Behavioral and Institutional Economics synthesizes modern research in behavioral economics with traditional institutional economics. This work emphasizes that institution and agent are inextricably linked, and that both cognitive and institutional processes coalesce to influence human decision-making. It integrates cognition and institution through the behavioral economics theoretical lens of bounded rationality. Methodologically, it develops game-theoretical, complexity and neuroeconomic solutions to unite study of the two areas. The work concludes by proposing general implications for the economic study of decisions using the cognitive-institutional approach, also providing specific recommendations for public policy |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Vendor-supplied metadata |
| Subject |
Economics -- Psychological aspects.
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Institutional economics.
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Organizational behavior.
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Associations, institutions, etc.
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Societies
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BUSINESS & ECONOMICS -- Economics -- General.
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BUSINESS & ECONOMICS -- Reference.
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Associations, institutions, etc.
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Economics -- Psychological aspects
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Institutional economics
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Organizational behavior
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| Form |
Electronic book
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| ISBN |
9780128120453 |
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0128120452 |
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