The Cognitive Basis of Institutions: A Synthesis of Behavioral and Institutional Economics - Perspectives in Behavioral Economics and the Economics of Behavior (Paperback)Shinji Teraji (author)
Paperback 366 Pages / Published: 20/02/2018
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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.
Publisher: Elsevier Science Publishing Co Inc
Number of pages: 366
Weight: 590 g
Dimensions: 229 x 152 mm
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