Institutional Analysis and Design
By (author) Christoph Engel
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Generating Predictability by Christoph Engel
Book DescriptionHuman behaviour is infinitely complex, the result of thousands of interactions between predispositions, external factors and physical and cognitive processes. It is also highly unpredictable, which makes meaningful social engagement difficult without the aid of some external framework such as that offered by an institution. Both formal and informal institutions can provide the element of predictability necessary for successful, complex interactions, a factor which is often overlooked by institutional analysts and designers. Drawing on a wide range of disciplines including psychology, economics, and sociological and political studies, this book develops a coherent and accessible theory for explaining the unpredictability of individual behaviour. The author then highlights the danger of institutional reforms undermining the very capacity to generate predictability which is so central to their success. This book will appeal to academics, researchers and professionals in many fields including management studies, behavioural economics and the new, interdisciplinary field of institutional design.
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Book DetailsISBN: 9780521851398
(228mm x 152mm x 19mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 17-Nov-2005
Country of Publication: United Kingdom
Books By Author Christoph Engel
Generating Predictability, Paperback (July 2012)
This book explores how institutional design can generate a level of predictability in human behaviour and interaction.
Better Than Conscious?, Hardback (June 2008)
Experts discuss the implications of the ways humans reach decisions through the conscious and subconscious processing of information.
Heuristics and the Law, Hardback (September 2006)» View all books by Christoph Engel
Experts in law, psychology, and economics explore the power of "fast and frugal" heuristics in the creation and implementation of law
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Author Biography - Christoph Engel
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