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Experiments in Economics : Playing Fair with Money by Ananish Chaudhuri is a book available to read on EtoBox.

What is Experiments in Economics : Playing Fair with Money about?

<p>Are humans fair by nature? Why do we often willingly trust strangers or cooperate with them even if those actions leave us vulnerable to exploitation? Does this natural inclination towards fairness or trust have implications in the market-place? Traditional economic theory would perhaps think not, perceiving human interaction as self-interested at heart. There is increasing evidence however that social norms and norm-driven behaviour such as a preference for fairness, generosity or trust have serious implications for economics. This book provides an easily accessible overview of economic experiments, specifically those that explore the role of fairness, generosity, trust and reciprocity in economic transactions.</p> <p>Ananish Chaudhuri approaches a variety of economic issues and problems including:</p> <p><br> </p> <ul> <li style="list-style: none"><br> </li> <li>Pricing by firms</li> <li style="list-style: none"><br> <p><br> </p> </li> <li>Writing labour contracts between parties</li> <li style="list-style: none"><br> <p><br> </p> </li> <li>Marking voluntary contributions to charity,</li> <li style="list-style: none"><br> <p><br> </p> </li> <li>Addressing issues of environment

Author

Ananish Chaudhuri

Publisher

London ; New York: Routledge

Published

2009

Language

EN

ISBN

9781134023905

Subjects

Economics, Business