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Institutional And Organizational Economics - A Behavioral Game Theory Introduction at Meripustak

Institutional And Organizational Economics - A Behavioral Game Theory Introduction

Books from same Author: Tore Ellingsen

Books from same Publisher: John Wiley

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    • General Information  
    Author(s)Tore Ellingsen
    PublisherJohn Wiley
    Edition1st Edition
    ISBN9781509559008
    Pages240
    BindingSoftcover
    LanguageEnglish
    Publish YearDecember 2023

    Description

    John Wiley Institutional And Organizational Economics - A Behavioral Game Theory Introduction by Tore Ellingsen

    Why do some countries succeed while others struggle? Why are some firms profitable while rivals fail? Why do some marriages thrive and others end in divorce? These questions seem unrelated but societies companies and marriages have one important thing in common they involve more than one individual. They thus face the same fundamental challenges. How can people be made to help rather than hurt each other? How can they use sacrifice cooperation and coercion to promote the common good?In this introductory text Tore Ellingsen equips readers to answer essential questions around the success and failure of humans in groups drawing on behavioral game theory psychology and sociology. He emphasizes how other-regarding preferences such as altruism and dutifulness matter for societies’ prosperity and analyzes the role of culture in the form of shared values and understandings. One lesson is that cooperation is facilitated when people anticipate that they will hold common memories of past behavior especially if agreements take precedence over leaders’ authority.A groundbreaking text Institutional and Organizational Economics is essential reading for students and scholars of economics political science sociology and public administration.