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Experiments in Economics Playing fair with money PDF

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 Experiments in Economics: Playing fair with money by Ananish Chaudhuri 
  English | 2009 | ISBN: 0415476313,
0415476305 | 272 pages | PDF | 3,2 MB 
  
  Experiments in Economics: Playing fair with money 
  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. 
  Ananish Chaudhuri approaches a variety of economic issues and problems including: 
 
Pricing by firms 
  Writing labour contracts between parties 
  Marking voluntary contributions to charity,

  Addressing issues of environmental pollution, 
  Providing micro-credit to small entrepreneurs, 
 
Resolving problems of coordination failure in organizations. 
  The book discusses how norm-driven behaviour can
often lead to significantly different outcomes than those predicted by economic theories and these findings should in
turn cause us to re-think how we approach economic analysis and policy. 
  Assuming no prior knowledge of economics
and containing a variety of examples, this reader friendly volume will be perfect reading for people from a wide range
of backgrounds including students and policy-makers. The book should appeal to economics undergraduates studying
experimental economics, microeconomics or game theory as well as students in social psychology, organizational
behaviour, management and other business related disciplines.  						

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