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  • 2018

  • Teraji, Shinji (2018) : Society and Knowledge In: Teraji, Shinji: The cognitive basis of institutions: A synthesis of behavioral and institutional economics: Amsterdam, Netherlands: Elsevier (Perspectives in behavioral economics and the economics of behavior), S. 263-308

    Abstract: This chapter deals with social order. Hayek’s thought largely rests on the concept of spontaneous order. Spontaneous orders in human affairs are patterns that arise as the unintended consequences of individual actions. The dissemination of knowledge is crucial in society. People live in a world of expectations about interactions with others’ actions. Rules are behavioral patterns that individuals expect each other to follow. Relying on rules is a device we have learned to use, because our reason is insufficient to master the detail of complex reality. If rules are recognized as recurrent patterns of behavior, individuals act according to rules of conduct. The diffusion of shared behavioral patterns is necessary to obtain social order. Shared rules facilitate decision-making in complex situations by limiting the range of circumstances to which individuals have to pay attention.

    Keywords: Interaktionsforschung, KNOWLEDGE, Kognitionswissenschaften, patterns, rules, rules of conduct, science direct, Social order, Verhaltensforschung
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