The Evolutionary Origins of Markets: How Evolution, Psychology and Biology Have Shaped the Economy

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Rojhat Avşar

The Evolutionary Origins of Markets

How Evolution, Psychology and Biology Have Shaped the Economy

Rojhat Avşar

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Hardback

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English

Routledge
19 November 2019

Psychological theory & schools of thought; Economic theory & philosophy; Microeconomics; Political economy; Economic history

Series: Economics as Social Theory

Our elaborate market exchange system owes its existence not to our calculating brain or insatiable self-centeredness, but rather to our sophisticated and nuanced human sociality and to the inherent rationality built into our emotions. The modern economic system is helped a lot more than hindered by our innate social instincts that support our remarkable capacity for building formal and informal institutions.

The book integrates the growing body of experimental evidence on human nature scattered across a variety of disciplines from experimental economics to social neuroscience into a coherent and original narrative about the extent to which market (or impersonal exchange) relations are reflective of the basic human sociality that was originally adapted to a more tribal existence.

An accessible resource, this book will appeal to students of all areas of economics, including Behavioral Economics and Neuro-Economics, Microeconomics, and Political Economy.

By: Rojhat Avşar
Imprint: Routledge
Country of Publication: United States
Dimensions: Height: 234mm, Width: 156mm,
Weight: 420g
ISBN: 9780815387183
ISBN 10: 0815387180
Series: Economics as Social Theory
Pages: 130
Publication Date: 19 November 2019
Audience: College/higher education , Primary , A / AS level
Format: Hardback
Publisher's Status: Active

Rojhat Avşar is an associate professor of economics at Columbia College Chicago. His research and teaching interests include social behavior, ethical norms, economic discourse, origin of human institutions, and political economy.

Reviews for The Evolutionary Origins of Markets: How Evolution, Psychology and Biology Have Shaped the Economy

"""An important further step in the unification of diverse approaches into a coherent, consilient social exchange science."" - Gerald A. Cory Jr., Author, Former Senior Fellow, San Jose State University, USA ""The current cutting-edge fields of evolutionary and complexity sciences, cognitive, neuro, brain and behavioural sciences, biological analogies, Institutionalism, Socio-Economics, and the different related computational strands, still are often only loosely connected. Those working in these fields will find this book providing a major step forward by integrating our knowledge on the evolution of human sociality, its cognitive, emotive, and behavioral foundations. While the literature in these fields has been exploding, here we have a most welcome integrating transdisciplinary work. Applying these stocks of knowledge to the foundations and evolution of ""markets"", socio-economists and social scientists of all perspectives will find how to make deeper sense of what we have used to call the social and institutional ""embeddedness of markets"". A highly recommended book. "" Prof. Wolfram Elsner, University of Bremen, Germany"