No Prices No Games!

Name: No Prices No Games!
Brand: Open Book Publishers
SKU: 9781805113089
Price: 812 CZK
Availability: InStock

Autor: Ariel Rubinstein

Jazyk:

Vazba: Brožovaná

Vydavatel: Open Book Publishers

Dostupnost: Skladem u dodavatele

Odesíláme za 14-21 dnů

812 Kč

While current economic theory focuses on prices and games, this book models economic settings where...

Informace o knize

Autor

Ariel Rubinstein

Jazyk

Angličtina

Vazba

Kniha - Brožovaná

Vydáno

2024

Stránek

154

EAN

9781805113089

ISBN

1805113089

Enbook ID

45791026

Vydavatel

Open Book Publishers

Hmotnost

443

Rozměry

178 x 254 x 10

Kompletní popis

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.

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