Skip to main content

The Cognitive Basis of Institutions

A Synthesis of Behavioral and Institutional Economics

  • 1st Edition - February 16, 2018
  • Author: Shinji Teraji
  • Language: English
  • Paperback ISBN:
    9 7 8 - 0 - 1 2 - 8 1 2 0 2 3 - 1
  • eBook ISBN:
    9 7 8 - 0 - 1 2 - 8 1 2 0 4 5 - 3

The Cognitive Basis of Institutions: A Synthesis of Behavioral and Institutional Economics synthesizes modern research in behavioral economics with traditional instituti… Read more

The Cognitive Basis of Institutions

Purchase options

Limited Offer

Save 50% on book bundles

Immediately download your ebook while waiting for your print delivery. No promo code is needed.

Book bundle cover eBook and print

Institutional subscription on ScienceDirect

Request a sales quote

The Cognitive Basis of Institutions: A Synthesis of Behavioral and Institutional Economics synthesizes modern research in behavioral economics with traditional institutional economics. This work emphasizes that institution and agent are inextricably linked, and that both cognitive and institutional processes coalesce to influence human decision-making. It integrates cognition and institution through the behavioral economics theoretical lens of bounded rationality. Methodologically, it develops game-theoretical, complexity and neuroeconomic solutions to unite study of the two areas. The work concludes by proposing general implications for the economic study of decisions using the cognitive-institutional approach, also providing specific recommendations for public policy.