Evolving Norms Cognitive Perspectives in Economics
This book presents institutional evolution and individual choice as codependent results of behavioral patterns. Drawing on F.A. Hayek's concepts of cognition and cultural evolution, Teraji demonstrates how the relationship between the sensory and social o
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EVOLVING NORMS Cognitive Perspectives in Economics Shinji Teraji
Palgrave Advances in Behavioral Economics Series Editor John F. Tomer Co-Editor, Jl of Socio-Economics Manhattan College Riverdale, USA
This ground breaking series is designed to make available in book form unique behavioral economic contributions. It provides a publishing opportunity for behavioral economist authors who have a novel perspective and have developed a special ability to integrate economics with other disciplines. It will allow these authors to fully develop their ideas. In general, it is not a place for narrow technical contributions. Theoretical/conceptual, empirical, and policy contributions are all welcome.
More information about this series at http://www.springer.com/series/14720
Shinji Teraji
Evolving Norms Cognitive Perspectives in Economics
Shinji Teraji Yamaguchi University, Yamaguchi Japan
Palgrave Advances in Behavioral Economics ISBN 978-1-137-50246-9 ISBN 978-1-137-50247-6 DOI 10.1057/978-1-137-50247-6
(eBook)
Library of Congress Control Number: 2016942806 © The Editor(s) (if applicable) and The Author(s) 2016 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Cover illustration: © m-images / Alamy Stock Photo Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Nature America Inc. New York
To the memory of my late mother
PREFACE
AND
ACKNOWLEDGEMENTS
This book is about social norms in a variety of cognitive and institutional processes. Social norms are shared guidelines to socially accepted and expected behavior. Social norms provide order to what may otherwise be seen as ambiguous, uncertain, or threatening situations. Norms may be seen as regular behavioral patterns that develop as individuals interact with one another socially. The main purpose of this book is to develop a general framework within which it is possible to analyze a relationship between the sensory order and the so
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