Micromotives and Macrobehavior (Fels Lectures on Public Policy Analysis) - Hardcover

Thomas C. Schelling

Hardcover

ISBN 10: 0393057011 ISBN 13: 9780393057010

Publisher: W W Norton & Co, 1978

Synopsis

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." ―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. And the subject of these stories―how small and seemingly meaningless decisions and actions by individuals often lead to significant unintended consequences for a large group―is more important than ever. In one famous example, Thomas C. Schelling shows that a slight-but-not-malicious preference to have neighbors 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.

About this title

From the Back Cover:

Micromotives and Macrobehavior deals with all involve systems of behavior where a person reacting, responding, and adapting to his surroundings fails to perceive, or doesn't care, how his actions combine with the actions of others to produce unanticipated results.

About the Author:

Thomas C. Schelling (1921―2016) was the co-winner of the 2005 Nobel Memorial Prize for Economic Science and the Distinguished University Professor Emeritus of Economics and Public Policy at the University of Maryland.

About this edition

• Publisher: W W Norton & Co
• Publication date: 1978
• ISBN 10: 0393057011
• ISBN 13: 9780393057010
• Binding: Hardcover
• Edition number: 1
• Number of pages: 252