Endogenous Preferences

The Cultural Consequences of Markets and Other Economic Institutions

Drawing on experimental economics, anthropology, social psychology, sociology, history, the theory of cultural evolution as well as more conventional economic sources, I review models and evidence concerning the impact of economic institutions on preferences, broadly construed. I identify a number of ways in which the form of economic organization of a society appears to influence the process of human development by shaping tastes, the framing of choice situations, psychological dispositions, values, and other determinants of individual behavior. I conclude by commenting on some implications for economic theory and policy analysis.

Released: Replika 74, 119–158.
Replika block:
Anna Eszter Zeller