The Economics of Ideologies - 9783031935138

The Economics of IdeologiesBelief Systems and Ideologies in Rational Decision-making\nAuthor(s): Thomas Gries, Carina Burs, Veronika Mller\nFormat: Hardback\nPublisher: Springer International Publishing AG, Switzerland\nImprint: Springer International Publishing AG\nISBN-13: 9783031935138, 978-3031935138\nSynopsis\nMany of the major international and intrastate crises and conflicts, but also the threat to democratic principles, are driven by belief systems and ideologies. They fuel political polarization, which is particularly evident in the battleground of social media. Nevertheless, we hardly pay attention to ideologies, their narratives, functions and organizations in economic theory today. Ideologies as non-rational beliefs seem incompatible with rationality in economic models.\n\nTherefore, the book examines the role of ideologies and belief systems in individual decision-making behavior from an economic and rational perspective. Due to the fact that people have incomplete infor.