"Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the...

Frontmatter -- CONTENTS -- LIST OF CONTRIBUTORS -- PREFACE -- ACKNOWLEDGMENTS -- PART I: Introduction -- CHAPTER ONE. Behavioral Economics: Past, Present, Future / Camerer, Colin F. / Loewenstein, George -- PART II: Basic Topics -- REFERENCE-DEPENDENCE AND LOSS-AVERSION -- CHAPTER TWO....

"Institutional economics is a sociocultural discipline and policy science which draws on the idea that economies are best understood through an appreciation of history, real-world institutions, and socioeconomic interrelations. This book brings together leading institutionalists to examine the...