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A Group Selection Perspective on Economic Behavior, Institutions and Organizations

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  • Jeroen C.J.M. van den Bergh
  • John M. Gowdy

Abstract

This article examines the role of group dynamics and interactions in explaining economic behavior and the evolution of institutions. Our starting point is the large literature on group selection in the biological, behavioral and social sciences. We present a range of interpretations of group selection, describe a complete set of group selection mechanisms, and discuss the empirical and experimental evidence for group selection. Unique features of cultural group selection are investigated, and opportunities for applying the latter to various areas of economic theory and economic policy are identified.

Suggested Citation

  • Jeroen C.J.M. van den Bergh & John M. Gowdy, 2009. "A Group Selection Perspective on Economic Behavior, Institutions and Organizations," Post-Print hal-00695532, HAL.
  • Handle: RePEc:hal:journl:hal-00695532
    DOI: 10.1016/j.jebo.2009.04.017
    Note: View the original document on HAL open archive server: https://hal.science/hal-00695532
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    More about this item

    Keywords

    B52; D02; D71; Altruism; Altruistic punishment; Assortment; Downward causation; Functionalism; Group formation; Multilevel selection; Other-regarding preferences;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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