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Culture in Economics

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  • Beugelsdijk,Sjoerd
  • Maseland,Robbert

Abstract

Many economists now accept that informal institutions and culture play a crucial role in economic outcomes. Driven by the work of economists like Nobel laureates Douglass North and Gary Becker, there is an important body of work that invokes cultural and institutional factors to build a more comprehensive and realistic theory of economic behavior. This book provides a comprehensive overview of research in this area, sketching the main premises and challenges faced by the field. The first part introduces and explains the various theoretical approaches to studying culture in economics, going back to Smith and Weber, and addresses the methodological issues that need to be considered when including culture in economics. The second part of the book then provides readers with a series of examples that show how the cultural approach can be used to explain economic phenomena in four different areas: entrepreneurship, trust, international business and comparative corporate governance.

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Bibliographic Info

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This book is provided by Cambridge University Press in its series Cambridge Books with number 9780521193009 and published in 2010.

Order: http://www.cambridge.org/uk/catalogue/catalogue.asp?isbn=9780521193009
Handle: RePEc:cup:cbooks:9780521193009

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Web page: http://www.cambridge.org

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Cited by:
  1. M. de Castro Campos & Clemens Kool & J. Muysken, 2013. "Cross-Country Private Saving Heterogeneity and Culture," Working Papers, Utrecht School of Economics 13-02, Utrecht School of Economics.
  2. Sebastian von Engelhardt, 2010. "Quality Competition or Quality Cooperation? License-Type and the Strategic Nature of Open Source vs. Closed Source Business Models," Jena Economic Research Papers 2010-034, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
  3. Rasmussen, Svend, 2011. "Estimating the Technical Optimal Scale of Production in Danish Agriculture," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland, European Association of Agricultural Economists 114790, European Association of Agricultural Economists.
  4. Sebastian von Engelhardt & Andreas Freytag & Christoph Schulz, 2013. "On the Geographic Allocation of Open Source Software Activities," International Journal of Innovation in the Digital Economy (IJIDE), IGI Global, vol. 4(2), pages 25-39, April.
  5. Buetzer, Sascha & Jordan, Christina & Stracca, Livio, 2013. "Macroeconomic imbalances: a question of trust?," Working Paper Series, European Central Bank 1584, European Central Bank.
  6. Inklaar, Robert & Yang, Jing, 2012. "The impact of financial crises and tolerance for uncertainty," Journal of Development Economics, Elsevier, Elsevier, vol. 97(2), pages 466-480.
  7. Roman Horváth, 2012. "Does Trust Promote Growth?," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies 2012/09, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Apr 2012.
  8. Shu Yu & Jakob de Haan & Sjoerd Beugelsdijk, 2011. "Trade, Trust and Institutions," CESifo Working Paper Series 3571, CESifo Group Munich.
  9. Robbert Maseland, 2013. "Parasitical cultures? The cultural origins of institutions and development," Journal of Economic Growth, Springer, Springer, vol. 18(2), pages 109-136, June.
  10. Herrmann-Pillath, Carsten & Libman, Alexander & Yu, Xiaofan, 2014. "Economic integration in China: Politics and culture," Journal of Comparative Economics, Elsevier, vol. 42(2), pages 470-492.

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