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Micromotives and Macrobehavior

Micromotives and Macrobehavior PDF Author: Thomas C. Schelling
Publisher: W. W. Norton & Company
ISBN: 039306977X
Category : Business & Economics
Languages : en
Pages : 288

Book Description
Before Freakonomics and The Tipping Point there was this classic by the 2005 Nobel Laureate in Economics. "Schelling here offers an early analysis of 'tipping' in social situations involving a large number of individuals." —official citation for the 2005 Nobel Prize Micromotives and Macrobehavior was originally published over twenty-five years ago, yet the stories it tells feel just as fresh today. And the subject of these stories—how small and seemingly meaningless decisions and actions by individuals often lead to significant unintended consequences for a large group—is more important than ever. In one famous example, Thomas C. Schelling shows that a slight-but-not-malicious preference to have neighbors of the same race eventually leads to completely segregated populations. The updated edition of this landmark book contains a new preface and the author's Nobel Prize acceptance speech.

Micromotives and Macrobehavior

Micromotives and Macrobehavior PDF Author: Thomas C. Schelling
Publisher: W. W. Norton & Company
ISBN: 039306977X
Category : Business & Economics
Languages : en
Pages : 288

Book Description
Before Freakonomics and The Tipping Point there was this classic by the 2005 Nobel Laureate in Economics. "Schelling here offers an early analysis of 'tipping' in social situations involving a large number of individuals." —official citation for the 2005 Nobel Prize Micromotives and Macrobehavior was originally published over twenty-five years ago, yet the stories it tells feel just as fresh today. And the subject of these stories—how small and seemingly meaningless decisions and actions by individuals often lead to significant unintended consequences for a large group—is more important than ever. In one famous example, Thomas C. Schelling shows that a slight-but-not-malicious preference to have neighbors of the same race eventually leads to completely segregated populations. The updated edition of this landmark book contains a new preface and the author's Nobel Prize acceptance speech.

Choice and Consequence

Choice and Consequence PDF Author: Thomas C. Schelling
Publisher: Harvard University Press
ISBN: 0674255976
Category : Business & Economics
Languages : en
Pages : 384

Book Description
Thomas Schelling is a political economist “conspicuous for wandering”—an errant economist. In Choice and Consequence, he ventures into the area where rationality is ambiguous in order to look at the tricks people use to try to quit smoking or lose weight. He explores topics as awesome as nuclear terrorism, as sordid as blackmail, as ineffable as daydreaming, as intimidating as euthanasia. He examines ethical issues wrapped up in economics, unwrapping the economics to disclose ethical issues that are misplaced or misidentified. With an ingenious, often startling approach, Schelling brings new perspectives to problems ranging from drug abuse, abortion, and the value people put on their lives to organized crime, airplane hijacking, and automobile safety. One chapter is a clear and elegant exposition of game theory as a framework for analyzing social problems. Another plays with the hypothesis that our minds are not only our problem-solving equipment but also the organ in which much of our consumption takes place. What binds together the different subjects is the author’s belief in the possibility of simultaneously being humane and analytical, of dealing with both the momentous and the familiar. Choice and Consequence was written for the curious, the puzzled, the worried, and all those who appreciate intellectual adventure.

The Strategy of Conflict

The Strategy of Conflict PDF Author: Thomas C. Schelling
Publisher: Harvard University Press
ISBN: 9780674840317
Category : History
Languages : en
Pages : 332

Book Description
Analyzes the nature of international disagreements and conflict resolution in terms of game theory and non-zero-sum games.

Strategies of Commitment and Other Essays

Strategies of Commitment and Other Essays PDF Author: Thomas C. Schelling
Publisher: Harvard University Press
ISBN: 9780674025677
Category : Business & Economics
Languages : en
Pages : 368

Book Description
All of the essays in this new collection by Thomas Schelling convey his unique perspective on individuals and society. Schelling, a 2005 Nobel Prize winner, has been one of the four or five most important social scientists of the past fifty years, and this collection shows why.

Strategy and Arms Control

Strategy and Arms Control PDF Author: Thomas C 1921- Schelling
Publisher: Hassell Street Press
ISBN: 9781014119582
Category :
Languages : en
Pages : 166

Book Description
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Schelling's Game Theory

Schelling's Game Theory PDF Author: Robert V. Dodge
Publisher: Oxford University Press
ISBN: 0199857210
Category : Business & Economics
Languages : en
Pages : 305

Book Description
Nobel Prize winner Thomas Schelling taught a course in game theory and rational choice to advanced students and government officials for 45 years. In this book, Robert Dodge provides in language for a broad audience the concepts that Schelling taught. Armed with Schelling's understanding of game theory methods and his approaches to problems, the general reader can improve daily decision making.

In Praise of Commercial Culture

In Praise of Commercial Culture PDF Author: Tyler COWEN
Publisher: Harvard University Press
ISBN: 0674029933
Category : Business & Economics
Languages : en
Pages : 289

Book Description
Does a market economy encourage or discourage music, literature, and the visual arts? Do economic forces of supply and demand help or harm the pursuit of creativity? This book seeks to redress the current intellectual and popular balance and to encourage a more favorable attitude toward the commercialization of culture that we associate with modernity. Economist Tyler Cowen argues that the capitalist market economy is a vital but underappreciated institutional framework for supporting a plurality of co-existing artistic visions, providing a steady stream of new and satisfying creations, supporting both high and low culture, helping consumers and artists refine their tastes, and paying homage to the past by capturing, reproducing, and disseminating it. Contemporary culture, Cowen argues, is flourishing in its various manifestations, including the visual arts, literature, music, architecture, and the cinema. Successful high culture usually comes out of a healthy and prosperous popular culture. Shakespeare and Mozart were highly popular in their own time. Beethoven's later, less accessible music was made possible in part by his early popularity. Today, consumer demand ensures that archival blues recordings, a wide array of past and current symphonies, and this week's Top 40 hit sit side by side in the music megastore. High and low culture indeed complement each other. Cowen's philosophy of cultural optimism stands in opposition to the many varieties of cultural pessimism found among conservatives, neo-conservatives, the Frankfurt School, and some versions of the political correctness and multiculturalist movements, as well as historical figures, including Rousseau and Plato. He shows that even when contemporary culture is thriving, it appears degenerate, as evidenced by the widespread acceptance of pessimism. He ends by considering the reasons why cultural pessimism has such a powerful hold on intellectuals and opinion-makers.

Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life

Thinking Strategically: The Competitive Edge in Business, Politics, and Everyday Life PDF Author: Avinash K. Dixit
Publisher: W. W. Norton & Company
ISBN: 0393310353
Category : Business & Economics
Languages : en
Pages : 415

Book Description
Sets forth the findings of game theory as a series of basic strategic principles, illustrated with stories of human interaction--in sports, politics, business, and personal life.

Slavery and Social Death

Slavery and Social Death PDF Author: Orlando Patterson
Publisher: Harvard University Press
ISBN: 0674916131
Category : Social Science
Languages : en
Pages : 528

Book Description
In a work of prodigious scholarship and enormous breadth, which draws on the tribal, ancient, premodern, and modern worlds, Orlando Patterson discusses the internal dynamics of slavery in sixty-six societies over time. These include Greece and Rome, medieval Europe, China, Korea, the Islamic kingdoms, Africa, the Caribbean islands, and the American South.

Summary of Thomas C. Schelling's Micromotives and Macrobehavior

Summary of Thomas C. Schelling's Micromotives and Macrobehavior PDF Author: Everest Media,
Publisher: Everest Media LLC
ISBN:
Category : Business & Economics
Languages : en
Pages : 42

Book Description
Please note: This is a companion version & not the original book. Sample Book Insights: #1 We can’t control where people sit in a auditorium, but we can control how they choose their seats. We can use this information to figure out what people were doing when they chose their seats. #2 The seating arrangement in the auditorium was a simple example of how people can be influenced by each other's behavior. If we know that people entering an auditorium have a sociable desire to sit near someone but always leave one empty seat between them, we can predict the pattern that will appear when the entire audience has arrived. #3 The system of interaction between individuals and their environment is what determines whether a simple summation or extrapolation can be made between individuals and their aggregates. Sometimes the results are surprising, and sometimes they are not easily guessed. #4 There are several hypotheses as to why people sit where they do. The most minimal is that nobody cares where they sit, as long as they aren’t in the very front. People sit toward the rear as most of the audience arrives, and then climb over seated people to occupy empty seats in the crowded section.