Social Norms, Bounded Rationality and Optimal Contracts

Social Norms, Bounded Rationality and Optimal Contracts (Studies in Economic Theory) ❮Reading❯ ➵ Social Norms, Bounded Rationality and Optimal Contracts (Studies in Economic Theory) ➭ Author Suren Basov – Thomashillier.co.uk This book investigates the ways in which social norms and bounded rationality shape different contracts in the real world It brings into focus existing research into optimal contracts, draws important Bounded Rationality Epub Ù This book investigates the ways in which social norms and bounded rationality shape different contracts in the real world It brings into focus existing research into optimal contracts, draws important lessons from that research, and outlines prospects for future investigationBounded rationality has acknowledged effects on the power of incentive provisions, such as deviations from sufficient Social Norms, PDF/EPUB or statistic theorem, the power of optimal incentives, and the effects of optimal contracts in multicultural environments The introduction of social norms to bounded rationality opens up new avenues of investigation into contracts and mechanism designThis book makes an important contribution to the study of bounded rationality by pulling together many separate strands of research in the Norms, Bounded Rationality Epub Þ area of mechanism design, and providing detailed analysis of the impact of societal values on contracts.


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