Cognition, Rationality, and Institutions

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Informação do Produto

ISBN9783642641244
EditoraSpringer-Verlag Berlin and Heidelberg GmbH & Co. KG
FormatoCapa mole
Número de páginas268
Peso (kg)0,430
Data de Publicação03/10/2013
Preço (iva excl.)€ 56,51
Imposto€ 3,39
Preço (iva inc.)€ 59,90
Disponibilidade1 unidade em armazém externo

Descrição do Produto

Institutions are rules that are supported by various enforcement mechanisms. Cognition refers to the process of how men perceive and process information, whereas rationality refers to how these processes are modelled. Within institutional economics there is a growing scepticism towards extending the conventional economic frame of analysis to institutions. In particular, the notion of perfect rationality is increasingly questioned. At the same time human cognition has become a major field of research in psychology. This book explores what institutional economics can learn from cognitive psychology regarding the proper modelling of rationality in order to explain institutional change.