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Author: Robert Sugden Publisher: Palgrave Macmillan ISBN: 9780333682395 Category : Business & Economics Languages : en Pages : 256
Book Description
This is a new edition - with a substantial new introduction - of a book which has had a significant impact on economics, philosophy and political science. Robert Sugden shows how conventions of property, mutual aid, and voluntary supply of public goods can evolve spontaneously out of the interactions of self-interested individuals, and can become moral norms. Sugden was among the first social scientists to use evolutionary game theory. His approach remains distinctive in emphasizing psychological and cultural notions of salience.
Author: Robert Sugden Publisher: Palgrave Macmillan ISBN: 9780333682395 Category : Business & Economics Languages : en Pages : 256
Book Description
This is a new edition - with a substantial new introduction - of a book which has had a significant impact on economics, philosophy and political science. Robert Sugden shows how conventions of property, mutual aid, and voluntary supply of public goods can evolve spontaneously out of the interactions of self-interested individuals, and can become moral norms. Sugden was among the first social scientists to use evolutionary game theory. His approach remains distinctive in emphasizing psychological and cultural notions of salience.
Author: R. Sugden Publisher: Springer ISBN: 0230536794 Category : Business & Economics Languages : en Pages : 243
Book Description
This is a new edition - with a substantial new introduction - of a book which has had a significant impact on economics, philosophy and political science. Robert Sugden shows how conventions of property, mutual aid, and voluntary supply of public goods can evolve spontaneously out of the interactions of self-interested individuals, and can become moral norms. Sugden was among the first social scientists to use evolutionary game theory. His approach remains distinctive in emphasizing psychological and cultural notions of salience.
Author: Robert Sugden Publisher: Oxford University Press ISBN: 019255879X Category : Business & Economics Languages : en Pages : 384
Book Description
The Community of Advantage asks how economists should do normative analysis. Normative analysis in economics has usually aimed at satisfying individuals' preferences. Its conclusions have supported a long- standing liberal tradition of economics that values economic freedom and views markets favourably. However, behavioural research shows that individuals' preferences, as revealed in choices, are often unstable, and vary according to contextual factors that seem irrelevant for welfare. Robert Sugden proposes a reformulation of normative economics that is compatible with what is now known about the psychology of choice. The growing consensus in favour of paternalism and 'nudging' is based on a very different way of reconciling normative economics with behavioural findings. This is to assume that people have well-defined 'latent' preferences which, because of psychologically-induced errors, are not always revealed in actual choices. The economist's job is then to reconstruct latent preferences and to design policies to satisfy them. Challenging this consensus, The Community of Advantage argues that latent preference and error are psychologically ungrounded concepts, and that economics needs to be more radical in giving up rationality assumptions. Sugden advocates a kind of normative economics that does not use the concept of preference. Its recommendations are addressed, not to an imagined 'social planner', but to citizens, viewed as potential parties to mutually beneficial agreements. Its normative criterion is the provision of opportunities for individuals to participate in voluntary transactions. Using this approach, Sugden reconstructs many of the normative conclusions of the liberal tradition. He argues that a well-functioning market economy is an institution that individuals have reason to value, whether or not their preferences satisfy conventional axioms of rationality, and that individuals' motivations in such an economy can be cooperative rather than self-interested.
Author: Robert C. ELLICKSON Publisher: Harvard University Press ISBN: 0674036433 Category : Law Languages : en Pages : 317
Book Description
Integrating the current research in law, economics, sociology, game theory and anthropology, this text demonstrates that people largely govern themselves by means of informal rules - social norms - without the need for a state or other central co-ordinator to lay down the law.
Author: Mary S. Morgan Publisher: Cambridge University Press ISBN: 1139560417 Category : Business & Economics Languages : en Pages :
Book Description
During the last two centuries, the way economic science is done has changed radically: it has become a social science based on mathematical models in place of words. This book describes and analyses that change - both historically and philosophically - using a series of case studies to illuminate the nature and the implications of these changes. It is not a technical book; it is written for the intelligent person who wants to understand how economics works from the inside out. This book will be of interest to economists and science studies scholars (historians, sociologists and philosophers of science). But it also aims at a wider readership in the public intellectual sphere, building on the current interest in all things economic and on the recent failure of the so-called economic model, which has shaped our beliefs and the world we live in.
Author: Robert Sugden Publisher: Oxford University Press ISBN: 0198825145 Category : BUSINESS & ECONOMICS Languages : en Pages : 343
Book Description
Normative analysis in economics usually aims at satisfying individuals' preferences, valuing economic freedom and viewing markets favourably. Behavioural research, however, shows that individuals' preferences are often unstable. Robert Sugden proposes a reformulation of normative economics compatible with psychology of choice.
Author: Mr.Omotunde E. G. Johnson Publisher: International Monetary Fund ISBN: 1451923244 Category : Business & Economics Languages : en Pages : 45
Book Description
This paper focuses on the emergence of the economic agency role of government and its relationship with cooperation and economic management. It distinguishes emergence under war, domination or capitulation, perfect cooperation, and strategic bargaining. Good governance is a consequence of constraints designed by principals with the incentive and ability to do so. The incentives are related inversely to the expected relative frequency of controlling government and directly to the expected relative share of costs of poor agency. The ability is directly related to bargaining power in determining the agency role. There are implications for the evolution of cooperation in the society and for macroeconomic performance.
Author: Robert C. Marshall Publisher: Rowman Altamira ISBN: 075911983X Category : Social Science Languages : en Pages : 320
Book Description
The essays in the book analyze cases of cooperation in a wide range of ethnographic, archaeological and evolutionary settings. Cooperation is examined in situations of market exchange, local and long-distance reciprocity, hierarchical relations, common property and commons access, and cooperatives. Not all of these analyses show stable and long-term results of successful cooperation. The increasing cooperation that is so highly characteristic of our species over the long term obviously has replaced neither competition in the short term nor hierarchical structures that reduce competition in the mid term. Interactions based on strategies of cooperation, competition, and hierarchy are all found, simultaneously, in human social relations.
Author: Robert Sugden
Author: Robert Sugden
Author: R. Sugden
Author: Robert Sugden
Author: Robert C. ELLICKSON
Author: Mary S. Morgan
Author: Robert Sugden
Author: Mr.Omotunde E. G. Johnson
Author: Robert C. Marshall
Author: Sugdrn
Author: Arthur Cecil Pigou