Social Preference Institution And Distribution

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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 Many Faces of Human Sociality

Author : Adrian Bruhin
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (115 download)

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Book Synopsis The Many Faces of Human Sociality by : Adrian Bruhin

Download or read book The Many Faces of Human Sociality written by Adrian Bruhin and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: There is vast heterogeneity in the human willingness to weigh others' interests in decision making. This heterogeneity concerns the motivational intricacies as well as the strength of other-regarding behaviors, and raises the question how one can parsimoniously model and characterize heterogeneity across several dimensions of social preferences while still being able to predict behavior over time and across situations. We tackle this task with an experiment and a structural model of preferences that allows us to simultaneously estimate outcome-based and reciprocity-based social preferences. We find that non-selfish preferences are the rule rather than the exception. Neither at the level of the representative agent nor when we allow for several preference types do purely selfish types emerge in our sample. Instead, three temporally stable and qualitatively different other-regarding types emerge endogenously, i.e., without pre-specifying assumptions about the characteristics of types. When ahead, all three types value others' payoffs significantly more than when behind. The first type, which we denote as strongly altruistic type, is characterized by a relatively large weight on others' payoffs - even when behind - and moderate levels of reciprocity. The second type, denoted as moderately altruistic type, also puts positive weight on others' payoff, yet at a considerable lower level, and displays no positive reciprocity, while the third type is behindness averse, i.e., puts a large negative weight on others' payoffs when behind and behaves selfishly otherwise. We also find that there is an unambiguous and temporally stable assignment of individuals to types. In addition, we show that individual-specific estimates of preferences offer only very modest improvements in out-of-sample predictions compared to our three-type model. Thus, a parsimonious model with only three types captures the bulk of the information about subjects' social preferences.

Social Preferences and the Distribution of Rewards

Author : Raphaël Soubeyran
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (133 download)

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Book Synopsis Social Preferences and the Distribution of Rewards by : Raphaël Soubeyran

Download or read book Social Preferences and the Distribution of Rewards written by Raphaël Soubeyran and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Explaining Social Institutions

Author : Jack Knight
Publisher : University of Michigan Press
ISBN 13 : 9780472085767
Total Pages : 254 pages
Book Rating : 4.0/5 (857 download)

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Book Synopsis Explaining Social Institutions by : Jack Knight

Download or read book Explaining Social Institutions written by Jack Knight and published by University of Michigan Press. This book was released on 1998 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Important scholars offer new perspectives on the formation and growth of social institutions

Preference Evolution, Social Preferences and Cultural Heterogeneity

Author :
Publisher :
ISBN 13 :
Total Pages : 119 pages
Book Rating : 4.:/5 (88 download)

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Book Synopsis Preference Evolution, Social Preferences and Cultural Heterogeneity by :

Download or read book Preference Evolution, Social Preferences and Cultural Heterogeneity written by and published by . This book was released on 2014 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first chapter argues that the evolution of preferences can serve as an important channel through which different political institutions affect economic outcomes in different societies. We develop a framework in which a majority preference group and an alternative preference group interact in the context of a political institution that determines the allocation of positions in the social hierarchy. We employ this framework to study how conducive different political institutions are to spreading preferences that induce efficiency. We find that any preference can be prevalent under "exclusive" political institutions. Therefore, a society can be trapped in a state in which preferences associated with unfavorable economic outcomes persist. On the other hand, preference evolution under "inclusive" political institutions has strong selection power and only preferences that locally have a comparative advantage in holding a high position can be prevalent. The second chapter posits that in games with more than two players, indirect higher order beliefs can affect the behavior of players who do not interact sequentially. We apply psychological game theory to study a three-player sequential game where the third player's decision to help or hurt the first player depends on his belief about what the first player believes the second player would choose. We test the model experimentally by manipulating the third player's indirect higher order belief through different forms of communication and show that the results are consistent with the model's predictions. The third chapter proposes a cultural transmission model in which cultural institutions can actively invest in organizing social events to increase the social connections among younger members of their cultural groups so that these younger members have stronger tendencies to match with each other in economic activities when they enter their adult period. This investing behavior may affect members' incentives to inculcate their own cultural traits to their children and lead to heterogeneous distribution of cultural traits in the population. Therefore, the model provides an alternative explanation for cultural heterogeneity, which is different from the existing literature which attributes cultural heterogeneity mainly to "cultural distaste."

Institutional Revenue

Author : Henry Douglas Dickinson
Publisher :
ISBN 13 :
Total Pages : 272 pages
Book Rating : 4.:/5 (5 download)

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Book Synopsis Institutional Revenue by : Henry Douglas Dickinson

Download or read book Institutional Revenue written by Henry Douglas Dickinson and published by . This book was released on 1966 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Social dilemmas, institutions, and the evolution of cooperation

Author : Ben Jann
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 311047297X
Total Pages : 584 pages
Book Rating : 4.1/5 (14 download)

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Book Synopsis Social dilemmas, institutions, and the evolution of cooperation by : Ben Jann

Download or read book Social dilemmas, institutions, and the evolution of cooperation written by Ben Jann and published by Walter de Gruyter GmbH & Co KG. This book was released on 2017-09-11 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: The question of how cooperation and social order can evolve from a Hobbesian state of nature of a “war of all against all” has always been at the core of social scientific inquiry. Social dilemmas are the main analytical paradigm used by social scientists to explain competition, cooperation, and conflict in human groups. The formal analysis of social dilemmas allows for identifying the conditions under which cooperation evolves or unravels. This knowledge informs the design of institutions that promote cooperative behavior. Yet to gain practical relevance in policymaking and institutional design, predictions derived from the analysis of social dilemmas must be put to an empirical test. The collection of articles in this book gives an overview of state-of-the-art research on social dilemmas, institutions, and the evolution of cooperation. It covers theoretical contributions and offers a broad range of examples on how theoretical insights can be empirically verified and applied to cooperation problems in everyday life. By bringing together a group of distinguished scholars, the book fills an important gap in sociological scholarship and addresses some of the most interesting questions of human sociality.

Private Truths, Public Lies

Author : Timur Kuran
Publisher : Harvard University Press
ISBN 13 : 0674248139
Total Pages : 444 pages
Book Rating : 4.6/5 (742 download)

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Book Synopsis Private Truths, Public Lies by : Timur Kuran

Download or read book Private Truths, Public Lies written by Timur Kuran and published by Harvard University Press. This book was released on 1998-06-16 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Preference falsification, according to the economist Timur Kuran, is the act of misrepresenting one's wants under perceived social pressures. It happens frequently in everyday life, such as when we tell the host of a dinner party that we are enjoying the food when we actually find it bland. In Private Truths, Public Lies Kuran argues convincingly that the phenomenon not only is ubiquitous but has huge social and political consequences. Drawing on diverse intellectual traditions, including those rooted in economics, psychology, sociology, and political science, Kuran provides a unified theory of how preference falsification shapes collective decisions, orients structural change, sustains social stability, distorts human knowledge, and conceals political possibilities. A common effect of preference falsification is the preservation of widely disliked structures. Another is the conferment of an aura of stability on structures vulnerable to sudden collapse. When the support of a policy, tradition, or regime is largely contrived, a minor event may activate a bandwagon that generates massive yet unanticipated change. In distorting public opinion, preference falsification also corrupts public discourse and, hence, human knowledge. So structures held in place by preference falsification may, if the condition lasts long enough, achieve increasingly genuine acceptance. The book demonstrates how human knowledge and social structures co-evolve in complex and imperfectly predictable ways, without any guarantee of social efficiency. Private Truths, Public Lies uses its theoretical argument to illuminate an array of puzzling social phenomena. They include the unexpected fall of communism, the paucity, until recently, of open opposition to affirmative action in the United States, and the durability of the beliefs that have sustained India's caste system.

Economy in Society

Author : Jacek Tittenbrun
Publisher : Cambridge Scholars Publishing
ISBN 13 : 1443832359
Total Pages : 585 pages
Book Rating : 4.4/5 (438 download)

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Book Synopsis Economy in Society by : Jacek Tittenbrun

Download or read book Economy in Society written by Jacek Tittenbrun and published by Cambridge Scholars Publishing. This book was released on 2011-07-12 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an in-depth analysis of sociology, e.g. such classics as Weber, Parsons and Homans, and its adjacent social sciences with special reference to economics, including public choice theory, property rights theory, the Austrian school and others. This discussion submits many fresh observations; giving the theories under consideration their due, it at the same time exposes their flaws. In addition, the book contains a constructive programme of the research field in question, termed socio-economic structuralism, which involves many theoretical innovations, notions of ownership and class. This positive theory draws on, but is far from mimicking, achievements of the thinkers considered in the remaining parts of the book.

Adapting and Mitigating Environmental, Social, and Governance Risk in Business

Author : Ziolo, Magdalena
Publisher : IGI Global
ISBN 13 : 1799867900
Total Pages : 313 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Adapting and Mitigating Environmental, Social, and Governance Risk in Business by : Ziolo, Magdalena

Download or read book Adapting and Mitigating Environmental, Social, and Governance Risk in Business written by Ziolo, Magdalena and published by IGI Global. This book was released on 2021-04-16 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental, social, and corporate governance (ESG) risk considers the nonfinancial risks that could arise in a business, such as sustainability, brand reputation, legal aspects, ethics, and more. As businesses all have their own risk profiles, there is a need for risk management and mitigation that is unique for each company. Because of this variability, the study on ESG risk factors and motives of incorporating the ESG perspective into business models are crucial yet challenging. Therefore, it is important to understand how companies are adapting and mitigating ESG risk in diverse types of businesses. Adapting and Mitigating Environmental, Social, and Governance Risk in Business examines processes in enterprises that can increase the sustainability of business models and their coherence with the assumptions of the concept of sustainable development and ESG risk. Furthermore, the book explores how enterprises operating in different sectors are adapting their business models towards sustainability in order to create sustainable value. This book is a valuable tool for managers, executives, entrepreneurs, practitioners, academicians, researchers, and graduate students in finance, business, and management.

Comparative Economic Systems

Author : Morris Bornstein
Publisher : McGraw-Hill/Irwin
ISBN 13 :
Total Pages : 664 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Comparative Economic Systems by : Morris Bornstein

Download or read book Comparative Economic Systems written by Morris Bornstein and published by McGraw-Hill/Irwin. This book was released on 1994 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprises essays grouped under four main headings: comparing economic systems; capitalist market economies; socialist market economies; and socialist planned economies and their reform.

Advances in the Sociology of Trust and Cooperation

Author : Vincent Buskens
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110647613
Total Pages : 492 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 492 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 .

The Islamic World-System

Author : Masudul Alam Choudhury
Publisher : Routledge
ISBN 13 : 1134356838
Total Pages : 272 pages
Book Rating : 4.1/5 (343 download)

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Book Synopsis The Islamic World-System by : Masudul Alam Choudhury

Download or read book The Islamic World-System written by Masudul Alam Choudhury and published by Routledge. This book was released on 2005-07-19 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This highly original book presents an alternative vision of globalization and explores the epistemology, derived from the Qur'an and the Prophetic guidance Sunnah, that underpins the systemic unity at the heart of the Islamic concept of world-system. Choudhury's investigation reveals the ethical foundations that influence the development of law, markets and social contract in Islamic societies. He then applies his methodology to issues and problems such as property rights, money, political economy, technology diffusion, microenterprise development and asset evaluation.

Well-Being and Fair Distribution

Author : Matthew Adler
Publisher :
ISBN 13 : 0195384997
Total Pages : 656 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis Well-Being and Fair Distribution by : Matthew Adler

Download or read book Well-Being and Fair Distribution written by Matthew Adler and published by . This book was released on 2012 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive philosophically grounded argument for the use of social welfare functions as a framework for governmental policy analysis.

Regional Economic Outlook, November 2017, Europe

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484326601
Total Pages : 150 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Regional Economic Outlook, November 2017, Europe by : International Monetary Fund. European Dept.

Download or read book Regional Economic Outlook, November 2017, Europe written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2017-11-13 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European recovery is strengthening and broadening appreciably. Real GDP growth is projected at 2.4 percent in 2017, up from 1.7 percent in 2016, before easing to 2.1 percent in 2018. These are large upward revisions—0.5 and 0.2 percentage point for 2017 and 2018, respectively—relative to the April World Economic Outlook. The European recovery is spilling over to the rest of the world, contributing significantly to global growth. In a few advanced and many emerging economies, unemployment rates have returned to precrisis levels. Most emerging market European economies are now seeing robust wage growth. In many parts of Europe, however, wage growth is sluggish despite falling unemployment.

Handbook of Experimental Game Theory

Author : C. M. Capra
Publisher : Edward Elgar Publishing
ISBN 13 : 1785363336
Total Pages : 448 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis Handbook of Experimental Game Theory by : C. M. Capra

Download or read book Handbook of Experimental Game Theory written by C. M. Capra and published by Edward Elgar Publishing. This book was released on 2020-10-30 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this Handbook is twofold: to educate and to inspire. It is meant for researchers and graduate students who are interested in taking a data-based and behavioral approach to the study of game theory. Educators and students of economics will find the Handbook useful as a companion book to conventional upper-level game theory textbooks, enabling them to compare and contrast actual behavior with theoretical predictions. Researchers and non-specialists will find valuable examples of laboratory and field experiments that test game theoretic propositions and suggest new ways of modeling strategic behavior. Chapters are organized into several sections; each section concludes with an inspirational chapter, offering suggestions on new directions and cutting-edge topics of research in experimental game theory.

The Uneasy Relationships Between Parliamentary Members and Leaders

Author : Lawrence D. Longley
Publisher : Psychology Press
ISBN 13 : 9780714650593
Total Pages : 360 pages
Book Rating : 4.6/5 (55 download)

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Book Synopsis The Uneasy Relationships Between Parliamentary Members and Leaders by : Lawrence D. Longley

Download or read book The Uneasy Relationships Between Parliamentary Members and Leaders written by Lawrence D. Longley and published by Psychology Press. This book was released on 2000 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: "First appeared in a special issue of Journal of legislative studies (ISSN 1357-2334), vol. 5, nos. 3-4 (Autumn/Winter 1999)"--T.p. verso.