"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...
"Schelling here offers an early analysis of 'tipping' in social situations involving a large number of individuals." --official citation for the 20...
A series of closely interrelated essays on game theory, this book deals with an area in which progress has been least satisfactory the situations where there is a common interest as well as conflict between adversaries: negotiations, war and threats of war, criminal deterrence, extortion, tacit bargaining. It proposes enlightening similarities between, for instance, maneuvering in limited war and in a traffic jam; deterring the Russians and one's own children; the modern strategy of terror and the ancient institution of hostages.
A series of closely interrelated essays on game theory, this book deals with an area in which progress has been least satisfactory the situations wher...
