Micromotives and Macrobehavior
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Micromotives and Macrobehavior
Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
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." β 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. The subject of these storiesβhow small and seemingly meaningless decisions and actions by individuals often lead to significant unintended consequences for a large groupβis more important than ever.
In one famous example, Thomas C. Schelling shows that a slightβbut not maliciousβpreference to have neighbours 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.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
New York Times praised the book for transforming economic thought on competition and social welfare, with Robert Frank noting how Schelling changed perspectives on collective outcomes arising from individual behaviour.
Book Details
INFORMATION
ISBN: 9780393329469
Publisher: WW Norton & Co
Format: Paperback / softback
Date Published: 17 October 2006
Country: United States
Imprint: WW Norton & Co
Audience: General / adult
DIMENSIONS
Spine width: 18.0mm
Width: 140.0mm
Height: 211.0mm
Weight: 245g
Pages: 288
About the Author
Thomas C. Schelling is the co-winner of the 2005 Nobel Memorial Prize for Economic Science. He is Distinguished University Professor Emeritus of Economics and Public Policy at the University of Maryland. He lives in Bethesda.
Also by Thomas C. Schelling
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