Behavioral Theory of Institutions, Bruges, 2012

Institutional economics has originated as the application of incentive analysis to institutions. Yet a growing empirical literature has put the profit maximization motive into perspective. A related strand of literature has addressed the cognitive limitations characteristic for individual decision making. This conference reflects the relevance of these findings for the analysis of institutions, combining theoretical with empirical contributions.

Contributions by:

Björn Bartling and Ernst Fehr and Klaus Schmidt, Christine Jolls, Catherine Hafer and Dimitri Landa, Shachar Kariv and Dan Silverman, Sophie Bade, Ronald J. Gilson and Alan Schwartz