Evolving Norms - Cognitive Perspectives in Economics

Informationen zum Autor Shinji Teraji is Professor of Economics at Yamaguchi University, Japan. His research is mainly concerned with behavioral economics, institutional economics, and economic methodology. Klappentext This book presents institutional evolution and individual choice as codependent results of behavioral patterns. Drawing on F.A. Hayek's concepts of cognition and cultural evolution! Teraji demonstrates how the relationship between the sensory and social orders can allow economists to track social norms and their effects on the global economy. He redirects attention from the conventional focus on what an individual chooses to the changing social order that determines how an individual chooses. Cultural shifts provide the environmental feedback that challenges the mental models governing individual choice! creating a cycle of coevolution. Teraji develops a general framework from which to examine this symbiotic relationship in order to identify predictive patterns. Not just for behavioral economists! this book will also appeal to those who specialize in institutional economics! the philosophy of economics! and economic sociology. Zusammenfassung This book presents institutional evolution and individual choice as codependent results of behavioral patterns. He redirects attention from the conventional focus on what an individual chooses to the changing social order that determines how an individual chooses. Inhaltsverzeichnis 1 Foundations.- 2 Why Do People Obey Norms?.- 3 The Sensory Order Revisited.- 4 Norms, Coordination, and Order.- 5 Culture and Cultural Evolution.- 6 Co-evolution of Mind and Society.- 7 Epilogue.

Product details

• Authors: Shinji Teraji
• Publisher: Palgrave UK
• Languages: English
• Product format: Hardback
• Released: 22.02.2016
• EAN: 9781137502469
• ISBN: 978-1-137-50246-9
• No. of pages: 370
• Series: Palgrave Advances in Behavioral Economics; Palgrave Advances in Behaviora; Palgrave Advances in Behavioral Economics
• Subjects: Social sciences, law, business > Business > Economics; B, Economics, Behavioral Economics, Behavioural economics, Economics and Finance, Management science, Heterodox Economics, Behavioral/Experimental Economics, Culture—Economic aspects, Cultural Economics, Institutional/Evolutionary Economics, Evolutionary economics