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Conflict and Cooperation: Institutional and Behavioral Economics

Conflict and Cooperation: Institutional and Behavioral Economics
Author: A. Allan Schmid
Publisher: Wiley-Blackwell
Category: Book

List Price: $49.95
Buy New: $46.63
You Save: $3.32 (7%)



New (13) Used (7) from $46.63

Avg. Customer Rating: 5.0 out of 5 stars 1 reviews
Sales Rank: 787933

Media: Paperback
Number Of Items: 1
Pages: 360
Shipping Weight (lbs): 1.4
Dimensions (in): 9.7 x 6.7 x 1.2

ISBN: 1405113561
Dewey Decimal Number: 330
EAN: 9781405113564
ASIN: 1405113561

Publication Date: June 25, 2004
Availability: Usually ships in 1-2 business days
Shipping: International shipping available
Condition: Brand New, Perfect Condition, Please allow 4-14 business days for delivery. 100% Money Back Guarantee, Over 1,000,000 customers served.

Also Available In:

  • Hardcover - Conflict and Cooperation: Institutional and Behavioral Economics
  • Kindle Edition - Conflict and Cooperation: Institutional and Behavioral Economics

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Editorial Reviews:

Product Description
Allan Schmid’s innovative text, Conflict and Cooperation: Institutional and Behavioral Economics,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.

  • Addresses formal and informal institutions, the impact of alternative institutions, and institutional change and evolution.
  • Presents a framework open to changing preferences, bounded rationality, and evolution.
  • Explains how to form empirically testable hypotheses using experiments, case studies, and econometrics.
  • Includes numerous practice and discussion questions.



Customer Reviews:

5 out of 5 stars Conflict and Cooperation   January 18, 2005
 12 out of 12 found this review helpful

Conflict and Cooperation provides a theory for examining the substantive effects of institutions and institutional change. The book significantly advances the efforts of economists to evaluate the distributive implications of institutions
and to understand the sources of institutional change. The situation, structure, and performance (SSP) framework, developed throughout the book, provides a method for enhancing academic and public discourse concerning policy choices and their effect on economic performance.

The book provides many applications of the SSP approach. In addition, many SSP treatments are placed in an empirical/historical content. These examples enable readers to practice applying the framework and better understand the
relationship between institutions and economic performance (both in theory and in practice). For the above reasons the book will be very useful to researchers seeking to conduct institutional analysis and students seeking to understand institutional economics.

A major plus of the book is that it incorporates a number of advances in behavioral economics -e.g., bounded rationality, emotions, cues and fits, etc. - into a theory of institutions and institutional change. This is important because the evolution of institutions and human interdependency is, in part, a function of the human brain. Conflict and Cooperation begins to open this area of inquiry. The SSP approach avoids the Pandora's box that might otherwise accompany a review of the behavioral economics literature in an institutional context.

Both conventional and institutional economists will benefit from reading this book. The conventional economist will be attracted to the abstract SSP framework and he/she will be better able to evaluate institutions and their distributive implications. The institutional economist is challenged to
incorporate advances in behavioral economics and the SSP method into his/her enquiry of human interdependence, institutions, institutional change, and economic performance.

I recommend the book without hesitation.


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