Titlebook: Economic Systems, Markets and Politics; An Ethical, Behavior Christian A. Conrad Textbook 2022 The Editor(s) (if applicable) and The Author

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The Image of Man,enge Adam Smith’s “Invisible Hand” assumption of selfish utility maximization. Subsequently, recent experimental findings describe humans as social beings and we will then challenge both the economic-scientific behavioral assumption of egoism and benefit maximization.

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https://doi.org/10.1007/978-3-8350-5442-4cks of a market economy? How does the central administrative economy work? What are the Pros and Cons? Most economies in the real world are hybridized to these two alternatives. Is the so called social market economy the optimal economic system?

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lied way with an interdisciplinary approach.Contains concise.This textbook takes a new approach to economics by taking into account behavioral sciences and ethics. The basics of institutional economics are the starting point of the book, which are combined with insights from business ethics and beha

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https://doi.org/10.1007/978-3-8350-9454-3enge Adam Smith’s “Invisible Hand” assumption of selfish utility maximization. Subsequently, recent experimental findings describe humans as social beings and we will then challenge both the economic-scientific behavioral assumption of egoism and benefit maximization.

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