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Evolving Norms : Cognitive Perspectives in Economics / by Shinji Teraji

By: Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: Palgrave Advances in Behavioral Economics | SpringerLink Bücher | Springer eBook Collection Economics and FinancePublisher: New York : Palgrave Macmillan, 2016Description: Online-Ressource (XV, 355 p. 7 illus, online resource)ISBN:
  • 9781137502476
Subject(s): Additional physical formats: 9781137502469 | Erscheint auch als: Evolving norms. Druck-Ausgabe New York : Palgrave Macmillan, 2016. xv, 355 Seiten | Printed edition: 9781137502469 DDC classification:
  • 330
LOC classification:
  • HB97.3
DOI: DOI: 10.1057/978-1-137-50247-6Online resources: Summary: 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 sociologySummary: 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 EpiloguePPN: PPN: 1657784878Package identifier: Produktsigel: ZDB-2-ECF | ZDB-2-SEB | ZDB-2-SXEF
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