Individuals, Institutions, and Markets
Author | : C. Mantzavinos |
Publisher | : Cambridge University Press |
Total Pages | : 336 |
Release | : 2001-01-08 |
ISBN-10 | : 052177358X |
ISBN-13 | : 9780521773584 |
Rating | : 4/5 (8X Downloads) |
Download or read book Individuals, Institutions, and Markets written by C. Mantzavinos and published by Cambridge University Press. This book was released on 2001-01-08 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.