No Prices No Games!: Four Economic Models - Brossura

Richter, Michael; Rubinstein, Ariel

 
9781805113089: No Prices No Games!: Four Economic Models
Brossura
ISBN 10: 1805113089 ISBN 13: 9781805113089
Casa editrice: Open Book Publishers, 2024

Sinossi

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.

Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.

Editore
Open Book Publishers
Data di pubblicazione
2024
Lingua
Inglese
ISBN 10 
1805113089
ISBN 13 
9781805113089
Rilegatura
Copertina flessibile
Numero di pagine
154
Contatto del produttore
non disponibile
Persona responsabile
non disponibile

Altre edizioni note dello stesso titolo

9781805113096: No Prices No Games!: Four Economic Models

Edizione in evidenza

ISBN 10:  1805113097 ISBN 13:  9781805113096
Casa editrice: Open Book Publishers, 2024
Rilegato