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Economics, Values, and Organization

Economics, Values, and Organization

$55.00 (Z)

Amartya Sen, Avner Ben-Ner, Louis Putterman, Robert Sugden, Ken Binmore, Chaim Fershtman, Yoram Weiss, Jane Mansbridge, Nancy Folbre, Tom Weisskopf, Samuel Bowles, Herbert Gintis, Timur Kuran, John Michael Montias, Robert Frank, Susan Rose-Ackerman, Viviana Zelizer, Ernst Fehr, Simon Gächter, Andrew Schotter, Jonathan Baron, Russell Hardin, Bruno S. Frey, Robert Lane, Douglass North
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  • Date Published: April 2000
  • availability: Manufactured on demand: supplied direct from the printer
  • format: Paperback
  • isbn: 9780521774116

$55.00 (Z)
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About the Authors
  • A new and unique collection of essays on the relationship between economic institutions and values, this book's original premise is that the way an economy and society are organized is determined in part by the preferences we call "values." This book challenges economists and scholars in related fields to explore the two-way interaction between economic arrangements and values. Contributors include leading scholars from such diverse fields as game theory and economic history, as well as political philosophy, sociology and psychology. Designed for a wide readership, the book has no existing counterparts.

    • First book to systematically reassess how economic institutions and values may be reconceptualized
    • Internationally known contributors are Nobel Laureates Amartya Sen and Douglass North, K. Binmore, S. Bowles, H. Gintis, A. Schotter, R. Hardin and R. Lane
    • Covers theoretical areas and practical applications to families, markets, labor arrangements, arms agreements, gifts/bribes and political systems
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    Reviews & endorsements

    "The contributors to this book have both guts and brains. They are tackling deep issues that most of us just wave at. No reflective reader will want to miss this." Robert M. Solow, Massachusetts Institute of Technology

    "...an illuminating and cheering demonstration of the value of convening critical scholars from a variety of disciplines to discuss important cross-cutting questions." Book Notes

    "this is an impressive book. It provides a good road map for going beyond the narrow rational choice theory of orthodox ecomonics, and gives many cutting edge ideas that can lead us to a better understanding of economic behavior and organiztionsl theory." Forthcoming Jrnl of Economic Behavior and Organization

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    Product details

    • Date Published: April 2000
    • format: Paperback
    • isbn: 9780521774116
    • length: 558 pages
    • dimensions: 229 x 152 x 32 mm
    • weight: 0.81kg
    • contains: 6 b/w illus. 38 tables
    • availability: Manufactured on demand: supplied direct from the printer
  • Table of Contents

    Foreword Amartya Sen
    Preface Avner Ben-Ner and Louis Putterman
    1. Introduction: values and institutions in economic analysis Avner Ben-Ner and Louis Putterman
    Part I. The Formation and Evolution of Social Norms and Values:
    2. The simultaneous evolution of institutions and norms Robert Sugden
    3. A utilitarian theory of political legitimacy Ken Binmore
    4. Why do we care what others think of us? Chaim Fershtman and Yoram Weiss
    5. Starting with nothing: on the impossibility of grounding: norms solely in self-interest Jane Mansbridge
    Part II. The Generation and Transmission of Values in Families and Communities:
    6. Did father know best? Families, markets, and the supply of caring labor Nancy Folbre and Tom Weisskopf
    7. How communities govern: the structural basis of pro-social norms Samuel Bowles and Herbert Gintis
    8. The limits or moral diversity Timur Kuran
    9. Moral diversity and specialized values: some observations John Michael Montias
    Part III. Social Norms and Culture:
    10. Social norms as positional arms control agreements Robert Frank
    11. Gifts and bribes Susan Rose-Ackerman
    12. How do we know whether a monetary transaction is a gift, an entitlement, or a payment? Viviana Zelizer
    Part IV. The Organization of Work, Trust, and Incentives:
    13. How effective are trust- and reciprocity-based incentives? Ernst Fehr and Simon Gächter
    14. Worker trust, system vulnerability, and the performance of work groups Andrew Schotter
    15. Trust: beliefs and morality Jonathan Baron
    16. Who is the custodian of the custodians? Russell Hardin
    Part V. Markets, Values, and Welfare:
    17. Institutions and morale: the crowding-out effect Bruno S. Frey
    18. The joyless market economy Robert Lane
    Epilogue: historical evolution of values and institutions Douglass North.

  • Editors

    Avner Ben-Ner, University of Minnesota

    Louis Putterman, Brown University, Rhode Island

    Contributors

    Amartya Sen, Avner Ben-Ner, Louis Putterman, Robert Sugden, Ken Binmore, Chaim Fershtman, Yoram Weiss, Jane Mansbridge, Nancy Folbre, Tom Weisskopf, Samuel Bowles, Herbert Gintis, Timur Kuran, John Michael Montias, Robert Frank, Susan Rose-Ackerman, Viviana Zelizer, Ernst Fehr, Simon Gächter, Andrew Schotter, Jonathan Baron, Russell Hardin, Bruno S. Frey, Robert Lane, Douglass North

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