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Book Cover
E-book
Author Ferguson, William D., 1953- author

Title Collective action and exchange : a game-theoretic approach to contemporary political economy / William D. Ferguson
Published Stanford, California : Stanford Economics and Finance, an imprint of Stanford University Press, [2013]

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Description 1 online resource (xii, 432 pages) : illustrations
Contents Introduction : a farmers' market -- Collective-action problems and innovative theory -- The basic economics of collective action -- Enforcement, coordination, and second-order collective-action problems -- Seizing advantage : strategic moves and power in exchange -- Basic motivation : rational egoists and reciprocal players -- Foundations of motivation: rationality and social preference -- Institutions, organizations, and institutional systems -- Informal institutions -- Internal resolution via group self-organization -- Third-party enforcement, formal institutions, and interactions with self-governance -- Social networks and collective action -- Policy and political economy -- Knowledge, collective action, institutions, location, and growth
Summary In Collective Action and Exchange: A Game-Theoretic Approach to Contemporary Political Economy, William D. Ferguson presents a comprehensive political economy text aimed at advanced undergraduates in economics and graduate students in the social sciences. The text utilizes collective action as a unifying concept, arguing that collective-action problems lie at the foundation of market success, market failure, economic development, and the motivations for policy. Ferguson draws on information economics, social preference theory, cognition theory, institutional economics, as we
Bibliography Includes bibliographical references (pages 389-409) and index
Notes English
Print version record
Subject Game theory.
Economics -- Mathematical models.
Game Theory
BUSINESS & ECONOMICS -- Economics -- General.
BUSINESS & ECONOMICS -- Reference.
Economics -- Mathematical models
Game theory
Spieltheorie
Kollektives Handeln
Kollektiventscheidung
Ökonomische Theorie der Politik
Form Electronic book
LC no. 2013007016
ISBN 9780804785563
0804785562