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Micromotives and Macrobehavior

Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Micromotives and Macrobehavior explores how small, individual choices can produce large, often unintended social outcomes. Thomas C. Schelling illustrates this with compelling examples, such as how mild preferences for similar neighbours can lead to complete racial segregation. Originally published over 25 years ago, its insights remain highly relevant to understanding societal dynamics today. The updated edition includes a new preface and Schelling's Nobel Prize acceptance speech.
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Format: Paperback / softback
$3599
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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?

This book is ideal for students and professionals in politics, economics, sociology, and anyone interested in social sciences and the unintended effects of human behaviour on society.

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Before Freakonomics and The Tipping Point there was this classic by the 2005 Nobel Laureate in Economics.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

"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 storiesβ€”how small and seemingly meaningless decisions and actions by individuals often lead to significant unintended consequences for a large groupβ€”is more important than ever.

In one famous example, Thomas C. Schelling shows that a slightβ€”but not maliciousβ€”preference 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.

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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.

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