Economic Systems, Markets and Politics

Focusing on the intersection of economics, behavioral sciences, and ethics, this textbook offers a fresh perspective on institutional economics. It explores human behavior to identify incentives that promote welfare-maximizing actions among economic agents, while examining the influence of morality on economic systems. Incorporating insights from psychology and sociology, it introduces behavioral games as tools for studying economic behavior. Each chapter provides summaries of behavioral and ethical findings, making it valuable for advanced students, researchers, policymakers, and business leaders.