Institutional and Behavioral Economics
Institutional and Behavioral Economics
Addresses formal and informal institutions, the impact of alternative institutions, and institutional change and evolution. Presents a framework open to changing preferences, bounded rationality, and evolution.
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* Addresses formal and informal institutions, the impact of alternative institutions, and institutional change and evolution. * Presents a framework open to changing preferences, bounded rationality, and evolution. * Explains how to form empirically testable hypotheses using experiments, case studies, and econometrics.