![]() | Culture and Economic Explanation: Economics in the US and Japan Subjects: Area Studies; Economics Finance Business & Industry; Asian Studies; Economics; International Economics; Political Economy; Japanese Studies; There is a common view among many economists that one model is capable of explaining a specific type of behaviour in all cultural environments. It is only necessary to make appropriate adjustments to bring the model in line with prevailing cultural conditions. This book argues that such an approach can lead to error, in particular to incorrect explanation and understanding of the phenomenon in question, and therefore may result in inappropriate policy recommendations. Donald W. Katzner is Professor of Economics at the University of Massachusetts / Amherst, USA. |
![hidden image for function call](https://upload.wikimedia.org/wikipedia/commons/c/ca/1x1.png)