Individuals, Institutions, and Markets |
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| Author:
| Mantzavinos, C. |
| Contribution by:
| Calvert, Randall
Eggertsson, Thrainn |
| Series title: | Political Economy of Institutions and Decisions Ser. |
| ISBN: | 978-0-521-77358-4 |
| Publication Date: | Jan 2001 |
| Publisher: | Cambridge University Press
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| Book Format: | Hardback |
| List Price: | AUD $83.95 |
Book Description:
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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...
More DescriptionIndividuals, 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.