Individuals, institutions, and markets
Author(s)
Bibliographic Information
Individuals, institutions, and markets
（Political economy of institutions and decisions）
Cambridge University Press, 2001
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Note
Includes bibliographical references (p. 259-301) and indexes
Description and Table of Contents
Description
Individuals, Institutions, and Markets offers a theory of how the institutional framework of a society emerges and how markets within institutions work. The book shows that both social institutions, defined as the rules of the game, and exchange processes can be analyzed along a common theoretical structure. Mantzavinos' proposal is that a problem solving model of individual behavior inspired by the cognitive sciences provides such a unifying theoretical structure. Integrating the latest scholarship in economics, sociology, political science, law, and anthropology, Mantzavinos offers a genuine political economy showing how social institutions affect economic outcomes.
Table of Contents
- Preface
- Acknowledgements
- Part I. Individuals: 1. Explaining individual behavior: the problem-solving framework
- 2. The motivational aspect: the strive for utility increase
- 3. The cognitive aspect: the theory of learning
- 4. The choice aspect
- Part II. Institutions: 5. Shared mental models: emergence and evolution
- 6. Explaining institutions
- 7. Informal institutions
- 8. Formal institutions
- Part III. Markets: 9. Institutions and the market: the aggregate level
- 10. Institutions and market: the microeconomic level
- 11. The theory of evolutionary competition
- 12. An application: institutions, markets, and economic development
- Concluding observations: unified social science as political economy?
- References
- Author index
- Subject index.
by "Nielsen BookData"