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Prologue

In: Why and How Humans Trade, Predict, Aggregate, and Innovate

Author

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  • Maurizio Bovi

    (Italian National Institute of Statistics)

Abstract

Bovi stresses the importance, immanence, and uniqueness of trading, forecasting, aggregating, and innovating affairs (the Four) in human life at both the individual and aggregate levels. The chapter also gives an overall idea of the mixed behavior and economic systems that necessarily accompany humans in undertaking the Four. Indeed, humans are capable of having contradictory impulses towards one another, integrating and disintegrating as well as cooperating and dominating, and behaving prosocially and anti-socially. Hence, they need to organize themselves in order to maintain, improve, and extend these four key social interactions as well as a safe and ordered life. Crucial intersections naturally emerge—the efficiency of humans’ way of tackling the Four is a joint product of social capital, institutions, and behaviors.

Suggested Citation

  • Maurizio Bovi, 2022. "Prologue," Contributions to Economics, in: Why and How Humans Trade, Predict, Aggregate, and Innovate, chapter 1, pages 1-30, Springer.
    • Handle: RePEc:spr:conchp:978-3-030-93885-7_1
    DOI: 10.1007/978-3-030-93885-7_1
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