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.

"About this title" may belong to another edition of this title.

Store Description

I mainly carry imported books from South East Asia / South Asia for readers of all Age Groups.

Visit Seller's Storefront

Seller's business information

PLETOS INC
6931 51st Avenue, WOODSIDE, Woodside, NY, 11377, U.S.A.

Sale & Shipping Terms

Terms of Sale

We accept return for those books which are received damamged. Though we take appropriate care in packaing to avoid such situation.

Right of cancellation

Shipping Terms

Shipping rates from U.S.A. to United Kingdom

Shipping rates from U.S.A. to United Kingdom
Order quantity	21 to 36 business days	5 to 8 business days
First item	� 6.74	� 10.86

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.