Rational Decision-Making within the Bounds of Reason
Edited by Morris Altman
Chapter 30: Norms, culture, and cognition
30 Norms, culture, and cognition Shinji Teraji 1 DECISION-MAKING IS INSTITUTIONALLY CONSTRAINED People follow rules of behavior in society. These rules indicate what people should or should not do under some circumstances. Douglass North once defi...
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