Individual Strategy and Social Structure - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Individual Strategy and Social Structure write by H. Peyton Young. This book was released on 1998. Individual Strategy and Social Structure available in PDF, EPUB and Kindle. He develops a theory that predicts how such institutions evolve and characterizes their welfare properties.
Individual Strategy and Social Structure
Individual Strategy and Social Structure - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Individual Strategy and Social Structure write by H. Peyton Young. This book was released on 2020-06-16. Individual Strategy and Social Structure available in PDF, EPUB and Kindle. Neoclassical economics as-sumes that people are highly rational and can reason their way through even the most complex economic problems. In Individual Strategy and Social Structure, Peyton Young argues for a more realistic view in which people have a limited understanding of their environment, are sometimes short-sighted, and occasionally act in perverse ways. He shows how the cumulative experiences of many such individuals coalesce over time into customs, norms, and institutions that govern economic and social life. He develops a theory that predicts how such institutions evolve and characterizes their welfare properties. The ideas are illustrated through a variety of examples, including patterns of residential segregation, rules of the road, claims on property, forms of economic contracts, and norms of equity. The book relies on new results in evolutionary game theory and stochastic dynamical systems theory, many of them originated by the author. It can serve as an introductory text, or be read on its own as a contribution to the study of economic and social institutions.
Structural Holes
Structural Holes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Structural Holes write by Ronald S. Burt. This book was released on 2009-06-30. Structural Holes available in PDF, EPUB and Kindle. Ronald Burt describes the social structural theory of competition that has developed through the last two decades. The contrast between perfect competition and monopoly is replaced with a network model of competition. The basic element in this account is the structural hole: a gap between two individuals with complementary resources or information. When the two are connected through a third individual as entrepreneur, the gap is filled, creating important advantages for the entrepreneur. Competitive advantage is a matter of access to structural holes in relation to market transactions.
The Effects of Social Structure on Individual Actions
The Effects of Social Structure on Individual Actions - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Effects of Social Structure on Individual Actions write by Harry "Trip" Knoche (III.). This book was released on 2010. The Effects of Social Structure on Individual Actions available in PDF, EPUB and Kindle.
Equity
Equity - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Equity write by H. Peyton Young. This book was released on 2020-06-16. Equity available in PDF, EPUB and Kindle. Governments and institutions, perhaps even more than markets, determine who gets what in our society. They make the crucial choices about who pays the taxes, who gets into college, who gets medical care, who gets drafted, where the hazardous waste dump is sited, and how much we pay for public services. Debate about these issues inevitably centers on the question of whether the solution is "fair." In this book, H. Peyton Young offers a systematic explanation of what we mean by fairness in distributing public resources and burdens, and applies the theory to actual cases.
