Cover for The Cognitive Basis of Institutions

The Cognitive Basis of Institutions

A Synthesis of Behavioral and Institutional Economics

A volume in Perspectives in Behavioral Economics and the Economics of Behavior

Book2018

Authors:

Shinji Teraji

The Cognitive Basis of Institutions

A Synthesis of Behavioral and Institutional Economics

A volume in Perspectives in Behavioral Economics and the Economics of Behavior

Book2018

 

Cover for The Cognitive Basis of Institutions

Authors:

Shinji Teraji

Browse this book

Book description

The Cognitive Basis of Institutions: A Synthesis of Behavioral and Institutional Economics synthesizes modern research in behavioral economics with traditional institutional econom ... read full description

Browse content

Table of contents

Actions for selected chapters

Select all / Deselect all

  1. Full text access
  2. Book chapterAbstract only

    Chapter 1 - Introduction: What Are Institutions?

    Pages 1-32

  3. Book chapterAbstract only

    Chapter 2 - Institutions and the Economics of Behavior I

    Pages 33-76

  4. Book chapterAbstract only

    Chapter 3 - Institutions and the Economics of Behavior II

    Pages 77-136

  5. Book chapterAbstract only

    Chapter 4 - Why Bounded Rationality?

    Pages 137-168

  6. Book chapterAbstract only

    Chapter 5 - Emergence of Prosocial Behavior

    Pages 169-232

  7. Book chapterAbstract only

    Chapter 6 - Cognition and Order

    Pages 233-261

  8. Book chapterAbstract only

    Chapter 7 - Society and Knowledge

    Pages 263-308

  9. Book chapterAbstract only

    Chapter 8 - Understanding Institutional Evolution

    Pages 309-345

  10. 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

You currently don’t have access to this book, however you can purchase separate chapters directly from the table of contents or buy the full version.

Purchase the book

Authors

Shinji Teraji

Department of Economics, Yamaguchi University, Yamaguchi, Japan