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The Cognitive Basis of Institutions

A Synthesis of Behavioral and Institutional Economics

Shinji Teraji (Professor of Economics, Department of Economics, Yamaguchi University, Yamaguchi, Japan)

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English
Academic Press Inc
20 February 2018
The Cognitive Basis of Institutions: A Synthesis of Behavioral and Institutional Economics synthesizes modern research in behavioral economics with traditional institutional economics. This work emphasizes that institution and agent are inextricably linked, and that both cognitive and institutional processes coalesce to influence human decision-making. It integrates cognition and institution through the behavioral economics theoretical lens of bounded rationality. Methodologically, it develops game-theoretical, complexity and neuroeconomic solutions to unite study of the two areas. The work concludes by proposing general implications for the economic study of decisions using the cognitive-institutional approach, also providing specific recommendations for public policy.

By:  
Imprint:   Academic Press Inc
Country of Publication:   United States
Dimensions:   Height: 229mm,  Width: 151mm, 
Weight:   450g
ISBN:   9780128120231
ISBN 10:   0128120231
Series:   Perspectives in Behavioral Economics and the Economics of Behavior
Pages:   366
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active
1. Introduction: What Are Institutions?2. Institutions and the Economics of Behavior I3. Institutions and the Economics of Behavior II4. Why Bounded Rationality?5. Emergence of Prosocial Behavior6. Cognition and Order7. Society and Knowledge8. Understanding Institutional Evolution

Shinji Teraji, Professor of Economics, Department of Economics, Yamaguchi University, Yamaguchi, Japan

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