No Prices No Games!: Four Economic Models - Tapa dura

Rubinstein, Ariel; Richter, Michael

 
9781805113096: No Prices No Games!: Four Economic Models
Tapa dura
ISBN 10: 1805113097 ISBN 13: 9781805113096
Editorial: Open Book Publishers, 2024

Sinopsis

While current economic theory focuses on prices and games, this book models economic settings where harmony is established through one of the following societal conventions:

•A power relation according to which stronger agents are able to force weaker ones to do things against their will.

•A norm that categorizes actions as permissible or forbidden.

•A status relation over alternatives which limits each agent’s choices.

•Systematic biases in agents’ preferences.

These four conventions are analysed using simple and mathematically straightforward models, without any pretensions regarding direct applied usefulness. While we do not advocate for the adoption of any of these conventions specifically - we do advocate that when modelling an economic situation, alternative equilibrium notions should be considered, rather than automatically reaching for the familiar approaches of prices or games.

"Sinopsis" puede pertenecer a otra edición de este libro.

Editorial
Open Book Publishers
Año de publicación
2024
Idioma
Inglés
ISBN 10 
1805113097
ISBN 13 
9781805113096
Encuadernación
Tapa dura
Número de páginas
154
Contacto del fabricante
no disponible
Persona responsable
no disponible

Otras ediciones populares con el mismo título

9781805113089: No Prices No Games!: Four Economic Models

Edición Destacada

ISBN 10:  1805113089 ISBN 13:  9781805113089
Editorial: Open Book Publishers, 2024
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