Rationality and Coordination (Cambridge Studies in Probability, Induction and Decision Theory) - Softcover

Bicchieri, Cristina

 
9780521574440: Rationality and Coordination (Cambridge Studies in Probability, Induction and Decision Theory)

Synopsis

This book explores how individual actions coordinate to produce unintended social consequences.

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Review

'Game theory has forced social scientists in general and economists in particular to confront the issue of rationality. Until we explore systematically the nature of what we mean by that term we shall make little further progress in the social sciences. The author of this study has made an important contribution by intelligently exploring the issues that must be confronted.' Douglass North, The Journal of Economic Literature

Book Description

This book explores how individual actions coordinate to produce unintended social consequences. In the past this phenomenon has been explained as the outcome of rational, self-interested individual behaviour. Professor Bicchieri shows that this is in no way a satisfying explanation.

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Other Popular Editions of the Same Title

9780521381239: Rationality and Coordination (Cambridge Studies in Probability, Induction and Decision Theory)

Featured Edition

ISBN 10:  0521381231 ISBN 13:  9780521381239
Publisher: Cambridge University Press, 1994
Hardcover