Social economics : current and emerging avenues /
Costa-i-Font, Joan,editor.
Macis, Mario,editor.
The growing field of social economics explores how individual behavior is affected by group-level influences, extending the approach of mainstream economics to include broader social motivations and incentives. This book offers a rich and rigorous selection of current work in the field, focusing on some of the most active research areas. Topics covered include culture, gender, ethics, and philanthropic behavior. Social economics grows out of dissatisfaction with a purely individualistic model of human behavior. This book shows how mainstream economics is expanding its domain beyond market and price mechanisms to recognize a role for cultural and social factors. Some chapters, in the tradition of Gary Becker, attempt to extend the economics paradigm to explain other social phenomena; others, following George Akerlof's approach, incorporate sociological and psychological assumptions to explain economic behavior. Loosely organized by theme--Social Preferences; Culture, Values, and Norms; and Networks and Social Interactions"--The chapters address a range of subjects, including gender differences in political decisions, "moral repugnance" as a constraint on markets, charitable giving by the super-rich, value diversity within a country, and the influence of children on their parents' social networks.--
Specialized.
Previously issued in print: 2017.
Specialized.
Includes bibliographical references and index.
The growing field of social economics explores how individual behavior is affected by group-level influences, extending the approach of mainstream economics to include broader social motivations and incentives. This book offers a rich and rigorous selection of current work in the field, focusing on some of the most active research areas. Topics covered include culture, gender, ethics, and philanthropic behavior. Social economics grows out of dissatisfaction with a purely individualistic model of human behavior. This book shows how mainstream economics is expanding its domain beyond market and price mechanisms to recognize a role for cultural and social factors. Some chapters, in the tradition of Gary Becker, attempt to extend the economics paradigm to explain other social phenomena; others, following George Akerlof's approach, incorporate sociological and psychological assumptions to explain economic behavior. Loosely organized by theme--Social Preferences; Culture, Values, and Norms; and Networks and Social Interactions"--The chapters address a range of subjects, including gender differences in political decisions, "moral repugnance" as a constraint on markets, charitable giving by the super-rich, value diversity within a country, and the influence of children on their parents' social networks.--
OCLC-licensed vendor bibliographic record.
Intro -- Contents -- Series Foreword -- 1 Social Economics: Current and Emerging Avenues -- The Plan of the Book Social Preferences -- Social Economics: Current Topics and New Directions -- Acknowledgments -- Note -- References -- Social Preferences -- 2 Social Preferences, Public Policy, and Gender -- 2.1 The Literature on Social Preferences -- 2.2 Experimental Design -- 2.3 Behavioral Predictions -- 2.4 Results -- 2.5 Discussion and Conclusion -- Acknowledgments -- Appendix -- Notes -- References -- 3 Who Gains from Competition? The Ultimatum Game in a Labor-Market Setting in Ghana -- 3.1 Experimental Design -- 3.2 Implementation -- 3.3 Predictions -- 3.4 Results -- 3.5 Conclusion and Discussion -- Acknowledgments -- Notes -- References -- 4 Why Give Away Your Wealth? An Analysis of the Billionaires' View -- 4.1 What Is the Giving Pledge? -- 4.2 Who Becomes a Pledger? -- 4.3 What Motivates the Pledgers? -- 4.4 Concluding Remarks -- Acknowledgments -- Notes -- References -- 5 Altruism and Egoism/Warm Glow in Economics and Psychology: Building a Bridge Between Different Experimental Approaches -- 5.1 Dual-Motive Altruism and Warm Glow in Economics Dual-Motive Theory in Economics -- 5.2 Dual-Motive Altruism and Egoism (Warm Glow) in Psychology Dual-Motive Theory in Psychology: The Empathy-Altruism Hypothesis -- 5.3 Conclusion -- Acknowledgments -- Appendix A Historical Note on Empathy-Altruism in the Economics Literature and Crowd-Out in the Psychology Literature -- Appendix B Two Additional Motives: Empathic Joy and Exchange -- Notes -- References -- Culture, Values, and Norms -- 6 The Microeconomics of Trust -- 6.1 Formation and Evolution of Trust -- 6.2 Effects of Trust: Decisions and Performance -- 6.3 Conclusion -- Note -- References -- 7 Measuring Value Diversity within Countries -- 7.1 Measures to Quantify Value Diversity Fractionalization.
7.2 Data and Sample Data -- 7.3 Developing One Indicator of Value Diversity -- 7.4 Patterns of Value Diversity Value Diversity over Time and Space -- 7.5 Conclusion -- Appendix -- Notes -- References -- 8 Cultural Persistence and the Pill -- A Review of the Literature on the Economics of Fertility and Contraception -- A Review of the Literature Fertility and Contraception in Nineteenth-Century Sweden -- Conclusion -- Notes -- References -- 9 Cultural Determinants of Gender Roles: "Pragmatism" as an Underpinning Attitude toward Gender Equality among Children of Immigra -- 9.1 Data -- 9.2 Empirical Specification -- 9.3 Results -- 9.4 Discussion -- Acknowledgments -- Appendix -- Notes -- References -- 10 The Role of Repugnance in the Development of Markets: The Case of the Market for Transplantable Kidneys -- 10.1 The Ban on the Market for Transplantable Kidneys -- 10.2 A Simple Formalization of Repugnance and Its Interaction with the Market -- 10.3 A Market-Based System? A Compensation Principle versus Majority Vote -- 10.4 Shifting Repugnance: Effect of an Increase in the Waiting List -- 10.5 What Is Repugnant Depends on Circumstances -- 10.6 Conclusion -- Acknowledgments -- Notes -- References -- 11 Cultural Attitudes and the "Traditional Medicines Paradox": Evidence from Ghana and the Philippines -- 11.1 Culture and the "Traditional Medicines Paradox" -- 11.2 Methods Data Collection -- 11.3 Results Results from Ghana -- 11.4 Discussion -- Notes -- References -- 12 Changing Culture to Change Society? -- 12.1 Culture in Economics and in Other Social Sciences Culture in Economics -- 12.2 Limitations of Cultural Economic Research -- 12.3 An Alternative Interpretation Cultural Identity -- 12.4 What Explains Cultural Change? -- Acknowledgments -- Appendix -- Notes -- References -- Networks, Peer Pressure, and Social Interactions.
13 The Role of Children in Building Parents' Social Networks -- 13.1 Family Composition and Its Economic Implications -- 13.2 Hypotheses -- 13.3 Empirical Evidence Data -- 4.3 Results -- 13.4 Discussion and Conclusion -- Appendix -- Notes -- References -- 14 Individual Fundraising: The Power of the Personal -- 14.1 Why Fundraise? -- 14.2 Individual Fundraising Strategies -- 14.3 The Power of the Personal -- 14.4 Social Interactions-Fundraisers and Donors -- 14.5 Social interactions-peer pressure -- Summary -- Acknowledgments -- Appendix -- Notes -- References -- Contributors -- Index.
Economics
Economics
ECONOMICS/General
SOCIAL SCIENCES/Sociology