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Cognition, Rationality, and Institutions

Cognition, Rationality, and Institutions

 

66,34 €
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Editorial:
Springer Nature B.V.
Año de edición:
2013
Materia
Sociedad y cultura: general
ISBN:
9783642641244
66,34 €
IVA incluido
Disponible

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Sobre IBD

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.

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