Ellingsen Tore - Institutional And Organizational Economics A Behavioral Game Theory Introduction - Paperback

Binding: Paperback
Description: Why do some countries succeed while others struggle? Why are some firms profitable while rivals fail? Why do some marriages thrive and others end in divorce? These questions seem unrelated but societies companies and marriages have one important thing in common: they involve more than one individual. They thus face the same fundamental challenges. How can people be made to help rather than hurt each other? How can they use sacrifice cooperation and coercion to promote the common good? In this introductory text Tore Ellingsen equips readers to answer essential questions around the success and failure of humans in groups drawing on behavioral game theory psychology and sociology. He emphasizes how other - regarding preferences such as altruism and dutifulness matter for societies prosperity and analyzes the role of culture in the form of shared values and understandings. One lesson is that cooperation is facilitated when people anticipate that they will hold common memories of past behavior especially if agreements take precedence over leaders authority. A groundbreaking text Institutional and Organizational Economics is essential reading for students and scholars of economics political science sociology and public administration.
Title: Institutional And Organizational Economics A Behavioral Game Theory Introduction
Author(s): Ellingsen Tore
Publisher: John Wiley And Sons Ltd
Barcode: 9781509559008
Pages: 240 Pages
Publication Date: 12/4/2023
Category: Organizational Theory & Behaviour