Economic Systems, Markets and Politics

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Focusing on the intersection of economics, behavioral sciences, and ethics, this textbook offers a fresh perspective on institutional economics. It explores how human behavior and morality influence economic systems, markets, and politics, aiming to identify incentives for welfare-maximizing actions. Incorporating insights from psychology and sociology, it presents behavioral games to study economic behavior. Each chapter summarizes key findings from both behavioral science and ethics, making it essential for advanced students, researchers, policymakers, and business executives.