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An Economic Theory of Greed, Love, Groups, and Networks (Hardcover, New)
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An Economic Theory of Greed, Love, Groups, and Networks (Hardcover, New)
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Why are people loyal? How do groups form and how do they create
incentives for their members to abide by group norms? Until now,
economics has only been able to partially answer these questions.
In this groundbreaking work, Paul Frijters presents a new unified
theory of human behaviour. To do so, he incorporates comprehensive
yet tractable definitions of love and power, and the dynamics of
groups and networks, into the traditional mainstream economic view.
The result is an enhanced view of human societies that nevertheless
retains the pursuit of self-interest at its core. This book
provides a digestible but comprehensive theory of our socioeconomic
system, which condenses its immense complexity into simplified
representations. The result both illuminates humanity's history and
suggests ways forward for policies today, in areas as diverse as
poverty reduction and tax compliance.
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