| Publication Type | | Preprints |
| Author | | Christoph Engel, Elke Weber |
| Year of Publication | | 2006 |
| Issue | | 2006/19 |
| Abstract | | The human mind is not a general problem solving machine. Instead of deliberately, consciously and serially processing the available information, men can rely on routines, rules, roles or affect for the purpose. They can bring in technology, experts or groups. For all of these reasons, men have a plurality of problem solving modes at their disposition. Often, the meta-choice of problem solving mode matters for behavioural output. Some performance standards are only to be met if a certain problem solving mode is used, like a well-established skill. Other requirements are easier to fulfil with some problem solving modes. This explains why institutions frequently impact on the choice of problem solving mode. To show how institutions are able to do that, a model of problem solving modes is developed. It allows to systematise the access points for institutional intervention. |
| Pagination | | 29 |
| Publisher | | Max Planck Institute for Research on Collective Goods |
| Place Published | | Bonn |
| Export | | Tagged BibTex XML |
| Download | | |
| Published in: | | Journal of Institutional Economics, vol. 3, pp. 323-349, 2007 |
| Supplementary Material | | |
| Keywords | | institutions, Problem Solving, Decision Making |
| JEL-Codes | | D21, K40, Z13, D83, D10, K20, L51 |
