Applied Approaches To Societal Institutions And Economics

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Applied Approaches to Societal Institutions and Economics

Author : Tohru Naito
Publisher : Springer
ISBN 13 : 9811056633
Total Pages : 364 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Applied Approaches to Societal Institutions and Economics by : Tohru Naito

Download or read book Applied Approaches to Societal Institutions and Economics written by Tohru Naito and published by Springer. This book was released on 2017-09-21 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives readers the theoretical and empirical methods to analyze applied economics. They are institutional economics, information economics, environmental economics, international economics, financial economics, industrial organization, public economics, law and economics, and spatial economics. Because the chapters of this book deal with current topics in these categories, they are relevant not only to researchers and graduate students but also to policy makers and entrepreneurs. As there is uncertainty about the global economy, it is necessary to consider optimal, efficient behavior to survive in the confused world. The book is organized in three parts. Part 1 deals with institutional economics, information economics, and related topics, approached through game theory. Part 2 focuses on environmental economics, international economics, and financial economics, through a microeconomic or econometric approach. Finally, Part 3 concentrates on public economics, social security, and related fields, through microeconomics or macroeconomics.

Industries, Firms, and Jobs

Author : George Farkas
Publisher : Springer Science & Business Media
ISBN 13 : 1489935363
Total Pages : 358 pages
Book Rating : 4.4/5 (899 download)

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Book Synopsis Industries, Firms, and Jobs by : George Farkas

Download or read book Industries, Firms, and Jobs written by George Farkas and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a welcome reassertion of an old tradition of interdisdplinary research. That tradition has tended to atrophy in the last decade, largely because of an enormous expansion of the domain of neoc1assical economics. The expansion has fed on two sdentific developments: first, human capital theory; second, contract theory. Both developments have taken phenomena critical to the operation of the economy but previously understood in terms of categories separate and distinct from those with which economists generally work and sought to apply the same analytical techniques that we use to understand other economic problems. Human capital theory has applied conventional techniques to questions of labor supply. It began this endeavor with the supply of trained labor and then expanded to a general theory of labor supply by broadening the analysis to the allocation of time over the individual's life, the interdependendes of supply decisions within the family, and finally to the formation of the family itself. Similarly, contract theory has moved from a theory that explains the existence of c10sed economic institutions to a theory of their formation and internaioperation. The hallmark of both of these developments is the extension and applica tion of analytical techniques based on purposive maximization under con traints and the interaction of individual decision makers through a com petitive market or its analogue.

Evolving Approaches to the Economics of Public Policy

Author : Jean Kimmel
Publisher : W.E. Upjohn Institute
ISBN 13 : 0880995122
Total Pages : 184 pages
Book Rating : 4.8/5 (89 download)

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Book Synopsis Evolving Approaches to the Economics of Public Policy by : Jean Kimmel

Download or read book Evolving Approaches to the Economics of Public Policy written by Jean Kimmel and published by W.E. Upjohn Institute. This book was released on 2016-11-15 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: For policymakers, economics is a useful tool in the development and evaluation of public policy. And like many sciences, economics is evolving to become more interdisciplinary in its approach. Today, economic theory is often used in conjunction with insights gleaned from psychology and sociology to create a more inclusive, real-world approach to implementing public policy. In this book, five award-winning economists tackle a diverse range of topics and show how applied economics has evolved to give policymakers a more nuanced approach to policy development. The award-winning economists included in this volume are Erica Field, Nancy Folbre, Avner Grief, David M. Kreps, and Michael J. Piore, and the topics they discuss include microfinance, human capital, societal institutions, worker motivation, and workplace regulation.

Economics Social Institutions

Author : K. Brunner
Publisher : Springer Science & Business Media
ISBN 13 : 9400992572
Total Pages : 289 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis Economics Social Institutions by : K. Brunner

Download or read book Economics Social Institutions written by K. Brunner and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: The productive work of widely distributed academic research has contributed substantially, over the postwar period, to important advances in our understanding. It has also offered a clearer recognition of many unresolved problems. Never theless, the progress achieved over the last decades, ex hibited by the systematic application of "theory" to actual issues and observable problems, could not overcome a per vasive sense of dissatisfaction. Some academic endeavors pursued within a traditional range of economic analysis have appeared increasingly remote from broad social issues, motivating the social and intellectual unrest experienced in recent years. Conditioned by the traditional use of economic analysis, many have naturally concluded that the "most relevant" social issues agitating our times are beyond the reach of economics. Purist advocates of a traditional view thus condemn any extension of economic analysis to social issues as an escape into "ideology". Others argue the need for an "interdisciplinary approach" involving sociology, social psychology, or anthropology as necessary strands in a useful understanding of social, institutional, and human problems of contemporary societies. We note here, in par ticular, the subtle attraction inherent in Marxian thought. It appears to offer a unified approach, with a coherent inter pretation, to all matters and aspects of human society, in cluding even nature.

Social Theory at Work

Author : Marek Korczynski
Publisher : OUP Oxford
ISBN 13 : 0191558133
Total Pages : 518 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Social Theory at Work by : Marek Korczynski

Download or read book Social Theory at Work written by Marek Korczynski and published by OUP Oxford. This book was released on 2006-02-23 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt: Work is fundamental to human society and modern organizations, and consequently has been central to the thinking of major social theorists and social science disciplines. This book offers a 'one-stop-shop' guide to classical and contemporary perspectvies of work written by leading international experts. Schools covered include: Weberian, Marxian, Durkheimian, feminist, neo-classical economics, institutional economics, ethics, Foucauldian, postmodernist, organizational sociology and economic sociology. Each chapter traces the origins of the theoretical school, reviews seminal contributions,and considers major criticisms of the approach. In addition, the book features a section on key aspects of work - professions, technology, identity and globalisation - to which these theories have been applied. The book makes a major contribution in a number of ways: · Provides systematic coverage of major social and economic theories and the way they aid our understanding of work; · Includes a section of chapters that consider, in an applied way, how social theories have helped the analysis of key substantive areas of work; · Includes contributions from leading academics from both Europe and the USA; · Each chapter can be read as free-standing summary of a particular school of theoretical approach; · In addition, the introductory and concluding chapters examine themes cross-cutting the other chapters in the book. It is an essential text for academics and advanced students concerned with the sociology of work, management, and organization studies.

Institutions in Action

Author : Tiziana Andina
Publisher : Springer Nature
ISBN 13 : 3030326187
Total Pages : 150 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Institutions in Action by : Tiziana Andina

Download or read book Institutions in Action written by Tiziana Andina and published by Springer Nature. This book was released on 2020-03-30 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume presents the social ontology of institutions. It questions what institutions are, what features and properties institutions have and what kinds of institution are present in the social world. The book answers these questions from both a speculative and an applied approach, it argues for a specific definition of institutions as a rule-based equilibria, as collective epistemic agent that is characterized by meaning, principles and power and as product of a We-mode and an imposition of a function. This book started from the interdisciplinary conference Playing by the Rules in Rijeka and contains contributions from Philosophy, Sociology and Economy. Institutions in Action is the first book to offer a comprehensive overview of the many different aspects and accounts about the social ontology of institutions. This much needed book presents researchers a very wide state of the art about the topic of institution by presenting the many differences that emerge in comparing the different positions.

Institutional Economics

Author : Charles J. Whalen
Publisher : Routledge
ISBN 13 : 1000462994
Total Pages : 316 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Institutional Economics by : Charles J. Whalen

Download or read book Institutional Economics written by Charles J. Whalen and published by Routledge. This book was released on 2021-10-28 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutional economics is a sociocultural discipline and policy science which draws on the idea that economies are best understood through an appreciation of history, real-world institutions, and socioeconomic interrelations. This book brings together leading institutionalists to examine the tradition’s most essential perspectives and methods. The contributors to the book draw on a broad range of institutional thought from the classic work of Thorstein Veblen, John R. Commons, and Karl Polanyi, to the newer viewpoints of post-Keynesian institutionalism, feminist institutionalism, and environmental institutionalism. Methods range from frameworks used to analyze public policy and institutional change, to modes of analysis including myth busting, historically grounded narratives, and computer-based simulations. Each chapter surveys the origins, development, key features, applications, and frontiers of a particular viewpoint, framework, or mode of analysis. Due consideration is given to both strengths and weaknesses; and woven into the chapters is attention to core institutionalist concepts, including technology, institutions, culture, and complexity. The book provides economists with promising starting points for new research, students with contributions refreshingly in touch with the real world, and policymakers and social scientists with compelling reasons for engaging further with the institutionalist tradition.

Capitalism

Author : Anwar Shaikh
Publisher : Oxford University Press
ISBN 13 : 0199390657
Total Pages : 1019 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis Capitalism by : Anwar Shaikh

Download or read book Capitalism written by Anwar Shaikh and published by Oxford University Press. This book was released on 2016-01-15 with total page 1019 pages. Available in PDF, EPUB and Kindle. Book excerpt: Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.

Social Preference, Institution, and Distribution

Author : Natsuka Tokumaru
Publisher : Springer
ISBN 13 : 9811001375
Total Pages : 176 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Social Preference, Institution, and Distribution by : Natsuka Tokumaru

Download or read book Social Preference, Institution, and Distribution written by Natsuka Tokumaru and published by Springer. This book was released on 2016-02-19 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to examine behavioral theories on social preference from institutional and philosophical perspectives using economic experiments. The experimental method in economics has challenged central behavioral assumptions based on rationality and selfishness, proposing empirical evidence that not only profit seeking but also social preferences matter in individuals’ decision making. By performing distribution experiments in institutional contexts, the author extends assumptions about human behavior to understand actual social economy. The book also aims to enrich behavioral theories of economics directed toward institutional evolution.The author scrutinizes how specific institutional conditions enhance or mute individuals’ selfish incentives or their fairness ideals such as egalitarian, performance-based, labor-value radicalism or libertarianism. From experimental results and their analysis, implications for actual problems in social economy and institutional change are derived: why performance-based pay often fails to promote workers’ productivity; why labor wages decline whereas shareholder’s values increase after financialization; and whether socially responsible investment can be a social institution for corporate governance.The book is also addressed to philosophers of social sciences interested in how experimental methods can contribute to developing cognition of human behaviors and be extended to social theories. Referring to behavioral theorists in the history of economic thought, the author discusses the meanings of experiments in the methodology of social sciences. She also proposes new ways of interpreting experimental results by reviving historic social theories and applying them to actual social problems.

The Institutions of the Market

Author : Alexander Ebner
Publisher : OUP Oxford
ISBN 13 : 0191647608
Total Pages : 424 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis The Institutions of the Market by : Alexander Ebner

Download or read book The Institutions of the Market written by Alexander Ebner and published by OUP Oxford. This book was released on 2008-07-31 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book approaches markets as a dynamic ensemble of institutions; and as a set of rules or norms, that contribute to the evolution of social systems of governance, and can be analysed as a structured social system. It tackles such questions as: * Where do markets come from and what drives their evolution? * How do organizations cope with the competitive dynamism of markets? * What is the role of governance mechanisms in the institutional coordination of markets? Using this 'new institutionalist' approach, an international group of leading scholars examine the institutional foundations of economic change. Drawn from an array of disciplines, including Business, Organization Studies, Economics, and Sociology, the contributors address the organizational capabilities of firms, the social structuration of competition, and the diversity of governance mechanisms in the market. Contributors include: Nikolaus Beck, Christophe Boone, Robert Boyer, Alexander Ebner, Neil Fligstein, Henrich R. Greve, John Harriss, Bob Hinings, Geoffrey M. Hodgson, Bob Jessop, Alfred Kieser, Namrata Malhotra, Renate E. Meyer, Richard R. Nelson, Rudolf Richter, Peter Walgenbach, Filippo Carlo Wezel, Sidney G. Winter, and Arjen Van Witteloostuijn.

Society and Economy

Author : Mark Granovetter
Publisher : Harvard University Press
ISBN 13 : 0674975219
Total Pages : 254 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Society and Economy by : Mark Granovetter

Download or read book Society and Economy written by Mark Granovetter and published by Harvard University Press. This book was released on 2017-02-27 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: A work of exceptional ambition by the founder of modern economic sociology, this first full account of Mark Granovetter’s ideas stresses that the economy is not a sphere separate from other human activities but is deeply embedded in social relations and subject to the same emotions, ideas, and constraints as religion, science, politics, or law.

Institutional Analysis and Praxis

Author : Tara Natarajan
Publisher : Springer Science & Business Media
ISBN 13 : 0387887415
Total Pages : 350 pages
Book Rating : 4.3/5 (878 download)

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Book Synopsis Institutional Analysis and Praxis by : Tara Natarajan

Download or read book Institutional Analysis and Praxis written by Tara Natarajan and published by Springer Science & Business Media. This book was released on 2009-09-03 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has never been a better time for the social fabric matrix. As this book is being published, the idea that unregulated market capitalism leads to the best of all possible worlds has been thoroughly discredited. A series of economic and social problems have come to the forefront of national discussion and policy debates. There is now widespread acceptance that human activity, particularly the consu- tion of nonrenewable energy resources, has contributed to global warming. The lack of oversight of the financial industry encouraged reckless practices that endangered the stability of the entire financial system, prompting bailout efforts based on the fragile interdependence of the financial and economic systems. The shortcomings of our health care system are increasingly evident, including the growing number of uninsured citizens, the difficulties for businesses in offering health insurance, and the effects of health and health care on the ability of individuals and families to maintain a decent standard of living. Perhaps the best illustration of a complex system that cries out for coordinated policy-making is in the critical area of energy, where public and private decisions on energy policy not only have direct effects on consumer costs, but also have effects on global warming, local ecosystems, int- national relations, the health of our citizens, and the sustainability of companies and communities. In short, there is growing recognition of the interdependence of the economic system with the environment and the broader institutions of society.

Institutions and Economic Theory

Author : Eirik Grundtvig Furubotn
Publisher :
ISBN 13 :
Total Pages : 568 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Institutions and Economic Theory by : Eirik Grundtvig Furubotn

Download or read book Institutions and Economic Theory written by Eirik Grundtvig Furubotn and published by . This book was released on 1997 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: A much-needed exploration of the New Institutional Economics, or NIE, including a critical assessment of its central theoretical contributions since the field's early beginnings in the 1960s, is this book's objective. It traces the development of major ideas about the genesis and significance of institutions as these ideas have been presented in the NIE. Given the fundamental understanding underlying work in this new area of research--that transactions involve the use of real resources and have costs--the book views the NIE as an amalgam of transaction-cost economics, property-rights analysis, and contract theory. Efforts are made to explain how the various theoretical strands discussed in the NIE literature fit into the general fabric of modern institutionalism, and how the new concepts put forward can be applied to institutional analysis. Since the new institutionalist approach contrasts sharply with that of the traditional neoclassical model, special attention is given to elucidating the points of difference between the two. And, along these lines, a final chapter deals with the troubling question of whether neoinstitutionalist theory can be advanced by efforts to extend or generalize neoclassical theory. The book will be essential reading for economists attracted to the NIE approach. In addition, scholars from such disciplines as political science, sociology, and law will find the work useful as the NIE continues to gain wide academic acceptance. Eirik G. Furubotn is currently serving as Research Associate, University of Texas at Arlington; he recently retired as James L. West Professor of Economics, Texas A&M University. Rudolf Richter is Professor of Economics, Center for the Study of the New Institutional Economics, University of Saarlandes.

Advances in the Sociology of Trust and Cooperation

Author : Vincent Buskens
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110647494
Total Pages : 457 pages
Book Rating : 4.1/5 (16 download)

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Book Synopsis Advances in the Sociology of Trust and Cooperation by : Vincent Buskens

Download or read book Advances in the Sociology of Trust and Cooperation written by Vincent Buskens and published by Walter de Gruyter GmbH & Co KG. This book was released on 2020-10-26 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: The problem of cooperation is one of the core issues in sociology and social science more in general. The key question is how humans, groups, organizations, institutions, and countries can avoid or overcome the collective good dilemmas that could lead to a Hobbesian "war of all against all". The chapters in this book provide state of the art examples of research on this crucial topic. These include theoretical, laboratory, and field studies on trust and cooperation, thereby approaching the issue in three complementary and synergetic ways. The theoretical work covers articles on trust and control, reputation formation, and paradigmatic articles on the benefits and caveats of abstracting reality into models. The laboratory studies test the implications of different models of trust and reputation, such as the effects of social and institutional embeddedness and the potentially emerging inequalities this may cause. The field studies test these implications in applied settings such as business purchasing and supply, informal care, and different kinds of collaboration networks. This book is exemplary for rigorous social science. The focus is on effects of social conditions, in particular different forms of social and institutional embeddedness, on social outcomes at the macro level. Modelling efforts are applied to connect social conditions to social outcomes through micro-level behavior in ways that are easily overlooked when argumentation is intuitive and impressionistic. The book sets forth a mixed-method approach by applying different empirical methods to test hypotheses about similar questions. Several contributions re-evaluate the theoretical strengths and weaknesses following from the laboratory and field studies. Improving the theory in light of these findings facilitates pushing the boundaries of social science .

Networks of Institutions

Author : Shuanping Dai
Publisher : Routledge
ISBN 13 : 1317749529
Total Pages : 240 pages
Book Rating : 4.3/5 (177 download)

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Book Synopsis Networks of Institutions by : Shuanping Dai

Download or read book Networks of Institutions written by Shuanping Dai and published by Routledge. This book was released on 2015-05-15 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The questions such as, ‘why the focuses of national policies vary significantly across countries, although their sources of policies are to a great extent identical’; ‘why national development experiences mostly cannot be transplanted successfully among countries’; ‘why some ineffective institutions persist over long periods of time’, have attracted numerous efforts. This book provides a new perspective and argues that the answers lie in the existence of the networks of institutions and thus of national systems of policies (NSP) within national frameworks. Institutions are the equilibria of games and exist as rules of games. Therefore, a basic setting is that institutions emerge endogenously from a series of social interactions, and the interacting human agents are connected and interdependent at the overlapping interaction platforms. National policies and developmental strategies can be modelled in this approach too. The networks of institutions describe the dynamic connected structure among institutions in the process of social interactions over time. Regarding the national policies response to the recent economic crises, this book argues that the difference comes from the distinct understandings of the tags of the policies, which highly depend on the distinct national contexts, such as national interests, cultural background, political systems and so forth. This book represents a significant contribution to the literature which will be essential reading for those interested in institutional economics, network theory, social structures and economic policy. In particular, the approach of applying network game theory in institutional emergence, and the terms developed, i.e. tags of institutions, and national systems of policies, in this book, are illuminating and deserve more attention.

Defining Public Goods

Author : O’Brien, David J.
Publisher : Edward Elgar Publishing
ISBN 13 : 1800885431
Total Pages : 176 pages
Book Rating : 4.8/5 (8 download)

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Book Synopsis Defining Public Goods by : O’Brien, David J.

Download or read book Defining Public Goods written by O’Brien, David J. and published by Edward Elgar Publishing. This book was released on 2021-07-31 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through the lens of an economist’s notion of public goods, David J. O’Brien analyzes the dual problems of declining communities and polarizing conflicts between metropolitan and rural communities. The author describes in detail how seemingly intractable community-level problems and inter-community conflicts have been substantially reduced by framing them in terms of the self-interest of a larger polity. O’Brien’s extensive community-level research experience in urban and rural communities that covers multiple historical periods, will appeal to inter-disciplinary social scientists, development specialists and persons looking for a hopeful, practical approach to solving the challenges of globalization.

Social Capital at the Community Level

Author : John M. Halstead
Publisher : Routledge
ISBN 13 : 1317686047
Total Pages : 233 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis Social Capital at the Community Level by : John M. Halstead

Download or read book Social Capital at the Community Level written by John M. Halstead and published by Routledge. This book was released on 2015-04-24 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Social Capital at the Community Level, John Halstead and Steven Deller examine social capital formation beyond the individual level through a variety of disciplines: planning, economics, regional development, sociology, as well as non-traditional approaches like engineering and built environmental features. The notion of social capital in community and economic development has become a focus of intense interest for policy makers, practitioners, and academics. The notion is that communities with higher levels of social capital (networks, trust, and norms) will prosper both economically and socially. In a practical sense, how do communities use the notion of social capital to build policies and strategies to move their community forward? Are all forms of social capital the same and do all have a positive influence on the community? To help gain insights into these fundamental questions Social Capital at the Community Level takes a holistic, interdisciplinary or systems approach to thinking about the community. While those who study social capital will acknowledge the need for an interdisciplinary approach, most stay within their disciplinary silos. One could say there is strong bonding social capital within disciplines but little bridging social capital across disciplines. The contributors to Social Capital at the Community Level have made an attempt to build that bridging social capital. While disciplinary biases and research approaches are evident there is significant overlap about how people with different disciplinary perspectives think about social capital and how it can be applied at the community level. This can be from neighborhoods addressing a localized issue to a global response to a natural disaster. This book is an invaluable resource for scholars, researchers and policy makers of community and economic development, as well as rural sociologists and planners looking to understand the opaque process of social capital formation in communities.