Description
"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.
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.
Reviews
"Schelling's [book] transformed the way many economists think about the relationship between competition and social welfare." -- Robert H. Frank - New York Times
Book Information
ISBN 9780393329469
Author Thomas C. Schelling
Format Paperback
Page Count 288
Imprint WW Norton & Co
Publisher WW Norton & Co
Weight(grams) 227g
Dimensions(mm) 211mm * 140mm * 20mm
