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Generating Predictability Christoph Engel

Generating Predictability By Christoph Engel

Generating Predictability by Christoph Engel


$120.89
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Summary

This book develops a coherent and accessible argument to explain the unpredictability of the behaviour of individuals. The author then highlights the danger of institutional reforms undermining the very capacity to generate predictability which is so central to their success.

Generating Predictability Summary

Generating Predictability: Institutional Analysis and Design by Christoph Engel

Human behaviour is infinitely complex, the result of thousands of interactions between predispositions, external factors and physical and cognitive processes. It is also highly unpredictable, which makes meaningful social engagement difficult without the aid of some external framework such as that offered by an institution. Both formal and informal institutions can provide the element of predictability necessary for successful, complex interactions, a factor which is often overlooked by institutional analysts and designers. Drawing on a wide range of disciplines including psychology, economics, and sociological and political studies, this book develops a coherent and accessible theory for explaining the unpredictability of individual behaviour. The author then highlights the danger of institutional reforms undermining the very capacity to generate predictability which is so central to their success. This book will appeal to academics, researchers and professionals in many fields including management studies, behavioural economics and the new, interdisciplinary field of institutional design.

About Christoph Engel

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Table of Contents

Preface; 1. Introduction; 2. The psychological predictability problem; 3. Rational choice responses; 4. Behaviourally informed responses; 5. Behaviourally determined responders; 6. Outlook: implications for interaction with higher complexity; 7. Predictability at the crossroads of competing institutions.

Additional information

NPB9780521851398
9780521851398
0521851394
Generating Predictability: Institutional Analysis and Design by Christoph Engel
New
Hardback
Cambridge University Press
2005-11-17
328
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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