Conflict and Cooperation - Schmid, A Allan
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For those who wonder how ethics and psychology fit into economics, Allan Schmid's innovative text, Conflict and Cooperation, explores the importance of moral judgments in settling conflicts of interest, and the vast effects of human behavior on economic theories and models. Investigating the institutional 'rules of the game' - both formal and informal - and how these rules change to serve competing interests, this text addresses the substantive impact of alternative institutions and institutional evolution. An economic framework emerges, acknowledging human learning and preference change,…mehr

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Produktbeschreibung
For those who wonder how ethics and psychology fit into economics, Allan Schmid's innovative text, Conflict and Cooperation, explores the importance of moral judgments in settling conflicts of interest, and the vast effects of human behavior on economic theories and models. Investigating the institutional 'rules of the game' - both formal and informal - and how these rules change to serve competing interests, this text addresses the substantive impact of alternative institutions and institutional evolution. An economic framework emerges, acknowledging human learning and preference change, bounded rationality, and disequilibrium. With its broad applications and numerous practice and discussion questions, this text will appeal not only to students of economics, but also to those studying sociology, law, and political science.
Autorenporträt
A. Allan Schmid is University Distinguished Professor in the Department of Agricultural Economics at Michigan State University. He is the author of eight books, including Property, Power, and Public Choice (second edition, 1987), and Benefit-Cost Analysis: A Political Economy Approach (1989).
Rezensionen
"A refreshing alternative to outdated microeconomics textsthat endlessly parrot supply and demand, this book offers ananalytically sharp, comprehensible, yet accessible guide to the newapproaches that are rapidly transforming economics as adiscipline." Nancy Folbre, University of Massachusetts

"Right from the beginning, Schmid's magnificent volume hasindividuals interacting with historically-given institutions. Thereis no isolated Robinson Crusoe here. Schmid's book is asuperb overview of the modern literature on human agency in aninstitutional setting; it is the best and most comprehensiveintroduction to this cutting-edge literature in moderneconomics." Geoffrey Hodgson, University ofHertfordshire

"I strongly recommend the book both as a teaching resourceand as a new broad statement of institutionalisttheory."
Land Economics