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Informationen zum Autor C. Mantzavinos teaches Economics at the University of Freiburg and the University of Bayreuth. Klappentext 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. Zusammenfassung Individuals! Institutions! and Markets offers a theory of how the institutional framework of a society emerges and how markets within institutions work. 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. Inhaltsverzeichnis 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....
