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Synopsis
"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.
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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.
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Micromotives and Macrobehavior
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Micromotives and Macrobehavior
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Micromotives and Macrobehavior
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Micromotives and Macrobehavior
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Micromotives and Macrobehavior (Fels Lectures on Public Policy Analysis)
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W W Norton & Co (edition First Edition), 1978
ISBN 10: 0393057011
ISBN 13: 9780393057010
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