Summary Of Thomas C Schelling S Micromotives And Macrobehavior
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Micromotives And Macrobehavior
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Author : Thomas C. Schelling
language : en
Publisher: W. W. Norton & Company
Release Date : 2006-10-17
Micromotives And Macrobehavior written by Thomas C. Schelling and has been published by W. W. Norton & Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-10-17 with Business & Economics categories.
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.
Summary Of Thomas C Schelling S Micromotives And Macrobehavior
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Author : Everest Media,
language : en
Publisher: Everest Media LLC
Release Date : 2022-06-11T22:59:00Z
Summary Of Thomas C Schelling S Micromotives And Macrobehavior written by Everest Media, and has been published by Everest Media LLC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-11T22:59:00Z with Business & Economics categories.
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.
Choice And Consequence
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Author : Thomas C. Schelling
language : en
Publisher: Harvard University Press
Release Date : 1984
Choice And Consequence written by Thomas C. Schelling and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Business & Economics categories.
In Choice and Consequence, Thomas Schelling ventures where rationality is ambiguous, exploring 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, and discloses ethical issues that are misplaced or misidentified.
The Strategy Of Conflict
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Author : Thomas C. Schelling
language : en
Publisher: Harvard University Press
Release Date : 1980
The Strategy Of Conflict written by Thomas C. Schelling and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with Language Arts & Disciplines categories.
Analyzes the nature of international disagreements and conflict resolution in terms of game theory and non-zero-sum games.
Schelling S Game Theory
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Author : Robert Dodge
language : en
Publisher: OUP USA
Release Date : 2012-02-07
Schelling S Game Theory written by Robert Dodge and has been published by OUP USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-02-07 with Biography & Autobiography categories.
Thomas Schelling, who wrote the foreword for this book, won the Nobel Prize in economics for "having enhanced our understanding of conflict and cooperation through game-theory analysis." This came after he had 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.Mathematics often make game theory challenging but was not a major part of Schelling's course and is even less of a factor in this book. Along with a summary of the material Schelling presented, included are problems from the course and similar less challenging questions. While considerable analysis is done with the basic game theory tool--the two-by-two matrix--much of the book is descriptive and rational decision-making is explained with stories. Chapter supplements are added to illuminate points presented by Schelling, including writings by Paul Krugman, Thomas Friedman, Steven Levitt, and others.
Thomas Schelling And The Nuclear Age
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Author : Robert Ayson
language : en
Publisher: Routledge
Release Date : 2020-09-23
Thomas Schelling And The Nuclear Age written by Robert Ayson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-23 with History categories.
An illuminating insight into the work of Thomas Schelling, one of the most influential strategic thinkers of the nuclear age. By the time of the Cuban Missile Crisis and the United States' early forays into Vietnam, he had become one of the most distinctive voices in Western strategy. This book shows how Schelling's thinking is much more than a reaction to the tensions of the Cold War. In a demonstration that ideas can be just as significant as superpower politics, Robert Ayson traces the way this Harvard University professor built a unique intellectual framework using a mix of social-scientific reasoning, from economics to social theory and psychology. As such, this volume offers a rare glimpse into the intellectual history which underpins classical thinking on nuclear strategy and arms control - thinking which still has an enormous influence in the early twenty-first century.
Schelling S Game Theory
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Author : Robert V. Dodge
language : en
Publisher: Oxford University Press
Release Date : 2012-02-07
Schelling S Game Theory written by Robert V. Dodge and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-02-07 with Business & Economics categories.
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.
The Mechanisms Of Governance
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Author : Oliver E. Williamson
language : en
Publisher:
Release Date : 1999
The Mechanisms Of Governance written by Oliver E. Williamson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.
This text studies transaction cost economics, influential in economic thought on how institutions work. Whereas orthodox economics describes the firm in technological terms, as a production function, transaction cost economics describes it in organizational terms, as a governance structure.
Strategy And Arms
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Author : Thomas C. Schelling
language : en
Publisher:
Release Date : 2014-12-29
Strategy And Arms written by Thomas C. Schelling and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-29 with Political Science categories.
2014 Reprint of 1961 Edition. Full facsimile of the original edition. Not reproduced with Optical Recognition Software. This study is an attempt to identify the meaning of arms control in the post war period. It presents an analysis of arms control with particular emphasis on the military policy involved. The general objectives of the study is to advance some aspects of the intellectual state of the art in arms control and to provide some concrete data on the technical and strategic problems of importance. Schelling remains relevant today for his work on game theory.
In Praise Of Commercial Culture
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Author : Tyler COWEN
language : en
Publisher: Harvard University Press
Release Date : 2009-06-30
In Praise Of Commercial Culture written by Tyler COWEN and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-06-30 with Business & Economics categories.
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.