Titlebook: Social Preference, Institution, and Distribution; An Experimental and Natsuka Tokumaru Book 2016 Springer Science+Business Media Singapore

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,From , to Social Economics: Wieser’s Empiricism and the Social Sciences,lications for the application of behavioral theories examined by laboratory experiments to social theories. In his attempt to improve Menger’s economics, Wieser claims that economics should be an empirical science and develops an original scientific methodology based on experience. By analyzing his

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Conclusion: From Behavioral Theories to Institutional Evolution,olution by scrutinizing interactive relationships between humans and institutions. According to this chapter, humans are “institutionalized” and hold a set of behavioral patterns specified by the “going concerns” (organizations) to which they belong. Additionally, humans “institutionalize” working r

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2198-4204 hange are derived: why performance-based pay often fails to promote workers’ productivity; why labor wages decline whereas shareholder’s values increase after financialization; and whether socially responsible 978-981-10-9088-2978-981-10-0137-6Series ISSN 2198-4204 Series E-ISSN 2198-4212

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SYN

Income Sharing Between Workers and Investors: Economic Experiments on Functional Income Distributiotors and workers tend to be unselfish, whereas in the without-labor treatment, investors do not need to work and both investors and workers tend to exhibit take-all behavior. Third, investors show a significant tendency to favor income-based egalitarian proposals, which enable them to hold the rest

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,From , to Social Economics: Wieser’s Empiricism and the Social Sciences,s for modern behavioral theories in the sense that it is based on the subjective rationality of humans, which is empirically based. Wieser’s method contains situational analysis of social institutions as preconditions of human behaviors, performs empirical tests via . on causal explanations linking

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