Institutional and Organizational Economics
eBook - ePub

Institutional and Organizational Economics

A Behavioral Game Theory Introduction

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Institutional and Organizational Economics

A Behavioral Game Theory Introduction

About this book

Why do some countries succeed while others struggle? Why are some firms profitable while rivals fail? Why do some marriages thrive and others end in divorce? These questions seem unrelated, but societies, companies, and marriages have one important thing in common: they involve more than one individual. They thus face the same fundamental challenges. How can people be made to help rather than hurt each other? How can they use sacrifice, cooperation, and coercion to promote the common good?

In this introductory text, Tore Ellingsen equips readers to answer essential questions around the success and failure of humans in groups, drawing on behavioral game theory, psychology, and sociology. He emphasizes how other-regarding preferences such as altruism and dutifulness matter for societies' prosperity, and analyzes the role of culture in the form of shared values and understandings. One lesson is that cooperation is facilitated when people anticipate that they will hold common memories of past behavior, especially if agreements take precedence over leaders' authority.

A groundbreaking text, Institutional and Organizational Economics is essential reading for students and scholars of economics, political science, sociology, and public administration.

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
No, books cannot be downloaded as external files, such as PDFs, for use outside of Perlego. However, you can download books within the Perlego app for offline reading on mobile or tablet. Learn more here.
Perlego offers two plans: Essential and Complete
  • Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
  • Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Both plans are available with monthly, semester, or annual billing cycles.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Institutional and Organizational Economics by Tore Ellingsen in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over one million books available in our catalogue for you to explore.

Information

Edition
1

Table of contents

  1. Cover
  2. Dedication
  3. Title Page
  4. Copyright
  5. Preface
  6. 1 The Organizational Challenge
  7. 2 Sacrifice
  8. 3 Selfishness, Rationality, and Utility
  9. 4 Situations, Games, and Cooperation
  10. 5 Shared Understandings and Values
  11. 6 Predicting Behavior in Games
  12. 7 A Model of Anarchy
  13. 8 Changing the Game
  14. 9 Coordination
  15. 10 Authority’s Limitations
  16. 11 Relationships
  17. 12 Third-Party Punishment
  18. 13 Coercion: Costs and Benefits
  19. 14 Contracts and Governance
  20. 15 Limited Liability and Corporate Finance
  21. 16 Asymmetric Information
  22. 17 Application: The Oil-Pool Problem
  23. 18 Conclusion
  24. 19 More Food for Thought
  25. 20 Further Reading
  26. Postface
  27. Answers to Exercises
  28. References
  29. Index of Authors
  30. General Index
  31. End User License Agreement