- Docente: Paolo Zagaglia
- Credits: 6
- SSD: ECON-02/A
- Language: English
- Teaching Mode: In-person learning (entirely or partially)
- Campus: Ravenna
- Corso: Second cycle degree programme (LM) in International Cooperation on Human Rights and Intercultural Heritage (cod. 6808)
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from Sep 21, 2026 to Oct 22, 2026
Learning outcomes
The second part of the course focuses on how markets and societies can achieve coordinated decisions across individuals. We address the role of both individual and social values as determinants of collective choices. We dwelve into the role of 'social capital' for human development. In particular, a rational-choice interpretation of social capital is introduced, whereby expectations and beliefs play a central role for understanding interactions between individuals. The objectives for the second part of the course are: to understand the relation between culture and institutions; to shed light on how values and beliefs affect the rise of institutions; to investigate the role of individualism and collectivism in the determination of 'good' collective policies. By the end of the course, the student can distinguish between endogenous and exogenous factors in the improvement of human livelihoods; is able to explain why 'bad' policies can result as an outcome of rational collective decisions; understands the conditions for which expectations and beliefs may lead to desirable social outcomes.
Syllabus
Office hours
See the website of Paolo Zagaglia