Allan Schmid’s innovative text, <i>Conflict and Cooperation: Institutional and Behavioral Economics</i>,investigates "the rules of the game," how institutions--both formal and informal--affect these rules, and how these rules are changed to serve competing interests. This text addresses both formal and informal institutions and the impact of alternative institutions, as well as institutional change and evolution. With its broad applications and numerous practice and discussion questions, this book will be appealing not only to students of economics, but also to those studying sociology, law, and political science. <br><ul><br><li>Addresses formal and informal institutions, the impact of alternative institutions, and institutional change and evolution. <br><li>Presents a framework open to changing preferences, bounded rationality, and evolution. <br><li>Explains how to form empirically testable hypotheses using experiments, case studies, and econometrics. <br><li>Includes numerous practice and discussion questions.</li></ul>
?A refreshing alternative to outdated microeconomics texts
that endlessly parrot supply and demand, this book offers an
analytically sharp, comprehensible, yet accessible guide to the new
approaches that are rapidly transforming economics as a
discipline.? Nancy Folbre, University of Massachusetts
?Right from the beginning, Schmid's magnificent volume has
individuals interacting with historically-given institutions. There
is no isolated Robinson Crusoe here. Schmid?s book is a
superb overview of the modern literature on human agency in an
institutional setting; it is the best and most comprehensive
introduction to this cutting-edge literature in modern
economics.? Geoffrey Hodgson, University of
?I strongly recommend the book both as a teaching resource
and as a new broad statement of institutionalist
Forword by Warren J. Samuels.
2. Institutional and Behavioral Economics Theory.
3. Behavioral Economics.
4. Individuals and Institutions.
5. Institutions and Organizations.
6. Sources of Human Interdependence.
9. Macro-Economic Institutions.
10. Technology, Growth, and Institutions.
11. Labor Institutions.
12. Political Institutions.
13. Institutional Change Analysis.