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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.Read more
- Develops new ways of understanding the issue of human (un)predictability
- Uniquely interdisciplinary approach
- Provides insights into institutional design and organisational behaviour
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- Date Published: January 2006
- format: Adobe eBook Reader
- isbn: 9780511133862
- availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
Table of Contents
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.
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