Social Preference, Institution, and Distribution eBook
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Social Preference, Institution, and Distribution

An Experimental and Philosophical Approach

Natsuka Tokumaru


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This is the first book to examine behavioral theories on social preference from institutional and philosophical perspectives using economic experiments. The experimental method in economics has challenged central behavioral assumptions based on rationality and selfishness, proposing empirical evidence that not only profit seeking but also social preferences matter in individuals’ decision making. By performing distribution experiments in institutional contexts, the author extends assumptions about human behavior to understand actual social economy. The book also aims to enrich behavioral theories of economics directed toward institutional evolution.
The author scrutinizes how specific institutional conditions enhance or mute individuals’ selfish incentives or their fairness ideals such as egalitarian, performance-based, labor-value radicalism or libertarianism. From experimental results and their analysis, implications for actual problems in social economy and institutional change are derived: why performance-based pay often fails to promote workers’ productivity; why labor wages decline whereas shareholder’s values increase after financialization; and whether socially responsible investment can be a social institution for corporate governance.
The book is also addressed to philosophers of social sciences interested in how experimental methods can contribute to developing cognition of human behaviors and be extended to social theories. Referring to behavioral theorists in the history of economic thought, the author discusses the meanings of experiments in the methodology of social sciences. She also proposes new ways of interpreting experimental results by reviving historic social theories and applying them to actual social problems.

About the book
Author
Natsuka  Tokumaru
Imprint
Springer
Collection
Evolutionary Economics and Social Complexity Science
Publication date
2016-02-19
Pages
165 pages
Print ISBN
9789811001369
Language
English
Ebook informations
EAN PDF
9789811001376
Price
£44.99
Read more
Copy count 1
Print count 16
File size 2120 Ko
Ce livre est accessible aux handicaps   Informations accessibility
EAN EPUB
9789811001376
Price
£44.99
Read more
Copy count 1
Print count 16
File size 1147 Ko
Ce livre est accessible aux handicaps   Informations accessibility
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