The Mind of the Market : Compassionate Apes, Competitive Humans, and Other Tales from Evolutionary Economics
(2007)

Nonfiction

eBook

Provider: hoopla

Details

PUBLISHED
[United States] : Henry Holt and Co., 2007
Made available through hoopla
DESCRIPTION

1 online resource

ISBN/ISSN
9781429924436 MWT16174690, 1429924438 16174690
LANGUAGE
English
NOTES

How did we make the leap from ancient hunter-gatherers to modern consumers and traders? Why do people get so emotional and irrational about bottom-line financial and business decisions? Is the capitalist marketplace a sort of Darwinian organism, evolved through natural selection as the fittest way to satisfy our needs? In this eye-opening exploration, author and psychologist Michael Shermer uncovers the evolutionary roots of our economic behavior. Drawing on the new field of neuroeconomics, Shermer investigates what brain scans reveal about bargaining, snap purchases, and establishing trust in business. He scrutinizes experiments in behavioral economics to understand why people hang on to losing stocks, why negotiations disintegrate into tit-for-tat disputes, and why money does not make us happy. He brings together astonishing findings from psychology, biology, and other sciences to describe how our tribal ancestry makes us suckers for brands, why researchers believe cooperation unleashes biochemicals similar to those released during sex, why free trade promises to build alliances between nations, and how even capuchin monkeys get indignant if they don't get a fair reward for their work

Mode of access: World Wide Web

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