Title: Micromotives and Macrobehavior (Fels Lectures on Public Policy Analysis)
Publisher: W W Norton & Co
Publication Date: 1978
Language: English
ISBN 10: 0393057011
ISBN 13: 9780393057010
Binding: Hardcover
Condition: good

About this title

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.

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.

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