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Expanding the Economic Concept of Exchange - Deception, Self-Deception and Illusions (Hardcover, 2001 ed.)
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Expanding the Economic Concept of Exchange - Deception, Self-Deception and Illusions (Hardcover, 2001 ed.)
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Exchange is a pervasive concept in everyday life, affecting
phenomena as diverse as interpersonal relationships and market
transactions. In addition, economists have used the concept in a
highly specific and clearly delineated way. Against this
background, Expanding the Economic Concept of Exchange sets out to
expand the concept of exchange by crossing the boundaries laid down
by economists and by examining the function played by deceptions,
self-deceptions and illusions. The main motivation for expanding
the concept of exchange was the realization that in the
prototypical economic model deception is not taken into account.
Hence, economists traditionally regard deception as some sort of
irrationality, as a flaw in an otherwise perfectly rational
process. Authors represented in this volume take a different
approach examining deception as a constituent quality of exchange.
This is shown by the contributions drawing on recent developments
in economic theory, by those with an anthropological orientation,
as well as by a contribution referring specifically to Adam Smith.
An interrogation into deception is long overdue in economics. This
volume prepares the ground for and makes the first contributions to
explicitly acknowledging deceptions, self-deceptions and illusions
as fundamental dimensions allowing us as economists to further
research and develop the concept of change. A particular and
perhaps unexpected focus of this volume lies on anthropology,
because economics can clearly benefit from integrating selected
results on deception from outside its expanding domain. It is
primarily targeted at economists interested in institutional
aspects of exchanges and social theory. In addition, the topic will
find interested readers from anthropology, cultural studies,
science studies, philosophy.
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