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Culture in Economics

Sjoerd Beugelsdijk, Robbert Maseland




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 | #2230679 in eBooks |  2010-12-23 |  2013-04-04 | File type: PDF

|| |"This important new book on culture in economics by Sjoerd Beugelsdijk and Robbert Maseland is most welcome. It fills an important gap in the literature that has only recently been recognised. After decades of sceptical methodological isolationism, economists

Many economists now accept that informal institutions and culture play a crucial role in economic outcomes. Driven by the work of economists like Nobel laureates Douglass North and Gary Becker, there is an important body of work that invokes cultural and institutional factors to build a more comprehensive and realistic theory of economic behavior. This book provides a comprehensive overview of research in this area, sketching the main premises and challenges faced by the...

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