No Prices No Games!: Four Economic Models - Couverture rigide

Richter, Michael; Rubinstein, Ariel

 
9781805113096: No Prices No Games!: Four Economic Models
Couverture rigide
ISBN 10 : 1805113097 ISBN 13 : 9781805113096
Editeur : Open Book Publishers, 2024

Synopsis

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.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Éditeur
Open Book Publishers
Date d'édition
2024
Langue
anglais
ISBN 10 
1805113097
ISBN 13 
9781805113096
Reliure
Relié
Nombre de pages
154
Coordonnées du fabricant
non disponible
Personne responsable
non disponible

Autres éditions populaires du même titre

9781805113089: No Prices No Games!: Four Economic Models

Edition présentée

ISBN 10 :  1805113089 ISBN 13 :  9781805113089
Editeur : Open Book Publishers, 2024
Couverture souple