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Individuals, Institutions, and Markets offers a theory of how the institutional framework of a society emerges and how markets within institutions work. The book shows that both social institutions, defined as the rules of the game, and exchange processes can be analyzed along a common theoretical structure. Mantzavinos' proposal is that a problem solving model of individual behavior inspired by the cognitive sciences provides such a unifying theoretical structure. Integrating the latest scholarship in economics, sociology, political science, law, and anthropology, Mantzavinos offers a genuine political economy showing how social institutions affect economic outcomes.

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Book Details

ISBN: 9780521548335
ISBN-10: 0521548330
Format: Paperback
(228mm x 152mm x 19mm)
Pages: 336
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 10-May-2004
Country of Publication: United Kingdom

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Author Biography - Chryostomos Mantzavinos

C. Mantzavinos teaches Economics at the University of Freiburg and the University of Bayreuth.

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