Download The Economic Theory of Social Institutions Free Ebooks in PDF format. Download free ebook of The Economic Theory of Social Institutions soft copy pdf or read online by"Andrew Schotter"Published on 2008-06-26 by Cambridge University Press
This book uses game theory to analyse the creation, evolution and function of economic and social institutions. The author illustrates his analysis by describing the organic or unplanned evolution of institutions such as the conventions of war, the use of money, property rights and oligopolistic pricing conventions. Professor Schotter begins by linking his work with the ideas of the philosophers Rawls, Nozick and Lewis. Institutions are regarded as regularities in the behaviour of social agents, which the agents themselves tacitly create to solve a wide variety of recurrent problems. The repetitive nature of the problems permits them to be described as a recurrent game or 'supergame.' The agents use these regularities as informational devices to supplement the information contained in competitive prices. The final chapter explores the applicability of this theory, first by relating it to previous work on the theory of teams, hierarchies, and non-maximizing decision theory, and then by using it to provide a new approach to a variety of questions both within and outside economics.
This Book was ranked at 9 by Google Books for keyword Economics Theory prime books.
Book ID of The Economic Theory of Social Institutions's Books is aHnMPAAACAAJ, Book which was written by"Andrew Schotter"have ETAG "hvMZ2hEKLYk"
Book which was published by Cambridge University Press since 2008-06-26 have ISBNs, ISBN 13 Code is 9780521067133 and ISBN 10 Code is 0521067138
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Book which have "192 Pages" is Printed at BOOK under Category"Business & Economics"
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Download The Economic Theory of Social Institutions PDF Free
Download The Economic Theory of Social Institutions Books Free
Download The Economic Theory of Social Institutions Free
Download The Economic Theory of Social Institutions PDF
Download The Economic Theory of Social Institutions Books
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