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An Economic Theory of Greed, Love, Groups, and Networks

An Economic Theory of Greed, Love, Groups, and Networks

by Paul Frijters
Paperback
Publication Date: 07/03/2013

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Why are people loyal?

How do groups form and how do they create incentives for their members to abide by group norms? Until now, economics has only been able to partially answer these questions.

In this groundbreaking work, Paul Frijters presents a new unified theory of human behaviour. To do so, he incorporates comprehensive yet tractable definitions of love and power, and the dynamics of groups and networks, into the traditional mainstream economic view.

The result is an enhanced view of human societies that nevertheless retains the pursuit of self-interest at its core. This book provides a digestible but comprehensive theory of our socioeconomic system, which condenses its immense complexity into simplified representations.

The result both illuminates humanity's history and suggests ways forward for policies today, in areas as diverse as poverty reduction and tax compliance.

ISBN:
9781107678941
9781107678941
Category:
Economic theory & philosophy
Format:
Paperback
Publication Date:
07-03-2013
Language:
English
Publisher:
Cambridge University Press
Country of origin:
United Kingdom
Pages:
444
Dimensions (mm):
229x152x20mm
Weight:
0.72kg
Paul Frijters

Professor Paul Frijters is at the London School of Economics and was previously Professor of Health Economics at the University of Queensland.

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