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Shulph Ink

The Gift in the Economy and Society: Perspectives from Institutional Economics and Other Social Sciences

The Gift in the Economy and Society: Perspectives from Institutional Economics and Other Social Sciences

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Mainstream economics views the gift as an exchange, self-interest, instrumental rationality, and utility-maximization. This book explores the gift from social and institutional economics, focusing on the relationship between social institutions, social mechanisms, and individuals, societies, gift-giving, and cooperation. It highlights the importance of the analysis of the gift in economics and other social sciences and demonstrates its potential to contribute to solving current problems for humanity.

Format: Paperback / softback
Length: 216 pages
Publication date: 01 August 2022
Publisher: Taylor & Francis Ltd


Mainstream economics provides a framework for understanding the concept of the gift,which is centered around exchange,self-interest,instrumental rationality,and utility maximization. While conventional economic analysis predominantly relies on these concepts,this book takes a broader approach by recognizing the gift as a social practice supported by social institutions. By exploring perspectives from social and institutional economics,the book aims to go beyond the utilitarian perspective and delve into the complexities of the gift.

The chapters in this book address crucial questions such as the relationship between social institutions and gift exchange,the social mechanisms that drive gift-giving actions,and the interplay between individuals,societies,gift-giving,and cooperation. The answers to these questions shed light on the significance of analyzing the gift in economics and other social sciences. Furthermore,the book showcases the potential of gift analysis to contribute to solving current problems faced by humanity at different social aggregation levels.

This important text makes a substantial contribution to the literature on the gift,with appeal to readers interested in heterodox economics,social anthropology,philosophy of economics,sociology,and political philosophy. It offers a comprehensive exploration of the gift,providing valuable insights and perspectives that extend our understanding of this complex social phenomenon.

Weight: 420g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367510879

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