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Building a better micro-foundation for institutional analysis
Published online by Cambridge University Press: 22 December 2005
Abstract
The target article summarizes important research demonstrating that the canonical model of selfish, economic man is not empirically supported outside competitive settings, and that experimental research conducted in university settings should not be discounted because undergraduates were the subjects. Assuming that individuals are capable of reciprocity and trust provides a firmer foundation for the study of institutions, incentives, and outcomes.
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- Copyright © Cambridge University Press 2005
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