Evolutionary Origins of Markets

<p>Our elaborate market exchange system owes its existence not to our calculating brain or insatiable self-centeredness but rather to our sophisticated and nuanced human sociality and to the inherent rationality built into our emotions. The modern economic system is helped a lot more than hindered by our innate social instincts that support our remarkable capacity for building formal and informal institutions. </p><p>The book integrates the growing body of experimental evidence on human nature scattered across a variety of disciplines from experimental economics to social neuroscience into a coherent and original narrative about the extent to which market (or impersonal exchange) relations are reflective of the basic human sociality that was originally adapted to a more tribal existence. </p><p>An accessible resource this book will appeal to students of all areas of economics including Behavioral Economics and Neuro-Economics Microeconomics and Political Economy. </p>