Social Preference, Institution, and Distribution

An Experimental and Philosophical Approach

Business & Finance, Human Resources & Personnel Management, Organizational Behavior, Economics
Cover of the book Social Preference, Institution, and Distribution by Natsuka Tokumaru, Springer Singapore
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Natsuka Tokumaru ISBN: 9789811001376
Publisher: Springer Singapore Publication: February 19, 2016
Imprint: Springer Language: English
Author: Natsuka Tokumaru
ISBN: 9789811001376
Publisher: Springer Singapore
Publication: February 19, 2016
Imprint: Springer
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Springer Singapore

Cover of the book Abuse and Neglect of the Elderly in India by Natsuka Tokumaru
Cover of the book Proceedings of GeoShanghai 2018 International Conference: Ground Improvement and Geosynthetics by Natsuka Tokumaru
Cover of the book Advanced Computing and Systems for Security by Natsuka Tokumaru
Cover of the book Early Navigation in the Asia-Pacific Region by Natsuka Tokumaru
Cover of the book High-Rise Buildings under Multi-Hazard Environment by Natsuka Tokumaru
Cover of the book Frontiers in Materials Processing, Applications, Research and Technology by Natsuka Tokumaru
Cover of the book The House of Tata Meets the Second Industrial Revolution by Natsuka Tokumaru
Cover of the book The Changing Japanese Labor Market by Natsuka Tokumaru
Cover of the book Advanced Functional Materials by Natsuka Tokumaru
Cover of the book Quantum Theory and Symmetries with Lie Theory and Its Applications in Physics Volume 2 by Natsuka Tokumaru
Cover of the book Securing the Belt and Road Initiative by Natsuka Tokumaru
Cover of the book InCIEC 2014 by Natsuka Tokumaru
Cover of the book Discriminative Learning in Biometrics by Natsuka Tokumaru
Cover of the book Abiotic Stress Management for Resilient Agriculture by Natsuka Tokumaru
Cover of the book Nuclear Power Plants: Innovative Technologies for Instrumentation and Control Systems by Natsuka Tokumaru
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy