The Leading eBooks Store Online 4,173,809 members ⚫ 1,357,844 ebooks

New to eBooks.com?

Learn more

Institutional Economics and the Formation of Preferences

The Advent of Pop Music

Institutional Economics and the Formation of Preferences by Wilfred Dolfsma
Buy this eBook
US$ 40.00
(If any tax is payable it will be calculated and shown at checkout.)
The author demonstrates how preferences for specific goods, and symbolic goods in particular, are mediated through the institutional settings that both individuals and groups find themselves in. He develops a Social Value Nexus, which indicates how institutions relate to the socio-cultural values of a society. He goes on to argue that tensions at the institutional or socio-cultural level will alter the institutional setting and therefore affect preferences. The sudden and radical change in consumption patterns for music in the late 1950s and early 1960s provides convincing evidence of the author's claim. By focusing on an event with great societal significance and using unique empirical material, he skilfully elucidates the theoretical arguments made in the book.
Edward Elgar Publishing; January 2004
176 pages; ISBN 9781845420727
Read online, or download in secure PDF format
Title: Institutional Economics and the Formation of Preferences
Author: Wilfred Dolfsma