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Individuals, Institutions, and Markets

Individuals, Institutions, and Markets

Hardcover

Series: Political Economy of Institutions and Decisions

Economics

ISBN10: 052177358X
ISBN13: 9780521773584
Publisher: Cambridge University Press
Published: Jan 8 2001
Pages: 336
Weight: 1.46
Height: 0.88 Width: 6.00 Depth: 9.00
Language: English
Individuals, Institutions, and Markets offers a theory of how the institutional framework of a society emerges and how markets within institutions work. The book shows that both social institutions, defined as the rules of the game, and exchange processes can be analyzed along a common theoretical structure. Mantzavinos' proposal is that a problem solving model of individual behavior inspired by the cognitive sciences provides such a unifying theoretical structure. Integrating the latest scholarship in economics, sociology, political science, law, and anthropology, Mantzavinos offers a genuine political economy showing how social institutions affect economic outcomes.

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Mantzavinos, Chrysostomos

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Economics