Coevolution of Mind and Society

Shinji Teraji

Chapter Chapter 6 in Evolving Norms, 2016, pp 311-343 from Palgrave Macmillan

Abstract: Abstract Theories of institutions can be classified into two broad approaches: institutions-as-rules and institutions-as-equilibria. Institutional structures and individual actions coevolve. In order to have a complete picture of institutions in interactions between structure and agency, we need to take both approaches into consideration. In the mental dimension, institutions guide individual behavior and thought. In the emergence dimension, the equilibrium state is generated as the result of actions chosen by individual agents. The mind is endogenous to the individual’s environment, which implies that expectations are also endogenous to the individual’s environment. Shifts in mental models change individuals’ plans and actions, which, in turn, leads to institutional evolution. A key to understanding institutional evolution is an understanding of how individuals modify their mental models.

Keywords: Mental Model; Individual Agent; Institutional Evolution; Mirror Neuron; Mental Dimension (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:paichp:978-1-137-50247-6_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137502476

DOI: 10.1057/978-1-137-50247-6_6

Access Statistics for this chapter

More chapters in Palgrave Advances in Behavioral Economics from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().