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Chapter 1 - Introduction: What Are Institutions?
Pages 1-32 - Book chapterAbstract only
Chapter 2 - Institutions and the Economics of Behavior I
Pages 33-76 - Book chapterAbstract only
Chapter 3 - Institutions and the Economics of Behavior II
Pages 77-136 - Book chapterAbstract only
Chapter 4 - Why Bounded Rationality?
Pages 137-168 - Book chapterAbstract only
Chapter 5 - Emergence of Prosocial Behavior
Pages 169-232 - Book chapterAbstract only
Chapter 6 - Cognition and Order
Pages 233-261 - Book chapterAbstract only
Chapter 7 - Society and Knowledge
Pages 263-308 - Book chapterAbstract only
Chapter 8 - Understanding Institutional Evolution
Pages 309-345 - Book chapterNo access
Index
Pages 347-352
About the book
Description
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.
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.
Key Features
- Reveals how institutional structures and individual actions interact and coevolve cognitively
- Connects individual decision-making, decision-making processes and institutional formation
- Unites our understanding of cooperative ‘prosocial’ behavior with the institutional dynamics that may create it
- Discusses the implications of the behavioral-institutional paradigm for paternalism and libertarianism in public policy
- Reveals how institutional structures and individual actions interact and coevolve cognitively
- Connects individual decision-making, decision-making processes and institutional formation
- Unites our understanding of cooperative ‘prosocial’ behavior with the institutional dynamics that may create it
- Discusses the implications of the behavioral-institutional paradigm for paternalism and libertarianism in public policy
Details
ISBN
978-0-12-812023-1
Language
English
Published
2018
Copyright
Copyright © 2018 Elsevier Inc. All rights reserved.
Imprint
Academic Press