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 |
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Print version record |
Subject |
Game theory.
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Economics -- Mathematical models.
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Game Theory
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BUSINESS & ECONOMICS -- Economics -- General.
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BUSINESS & ECONOMICS -- Reference.
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Economics -- Mathematical models
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Game theory
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Spieltheorie
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Kollektives Handeln
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Kollektiventscheidung
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Ökonomische Theorie der Politik
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Form |
Electronic book
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LC no. |
2013007016 |
ISBN |
9780804785563 |
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0804785562 |
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