Micromotives and Macrobehavior
Description
Before Freakonomics and The Tipping Point there was this classic by the 2005 Nobel Laureate in Economics.
"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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Content
- Intro
- FELS LECTURES ON PUBLIC POLICY ANALYSIS
- Title Page
- Copyright
- Contents
- Preface to the New Edition
- Acknowledgments
- 1 MICROMOTIVES AND MACROBEHAVIOR
- 2 THE INESCAPABLE MATHEMATICS OF MUSICAL CHAIRS
- 3 THERMOSTATS, LEMONS, AND OTHER FAMILIES OF MODELS
- 4 SORTING AND MIXING: RACE AND SEX
- 5 SORTING AND MIXING: AGE AND INCOME
- 6 CHOOSING OUR CHILDREN'S GENES
- 7 HOCKEY HELMETS, DAYLIGHT SAVING, AND OTHER BINARY CHOICES
- 8 AN ASTONISHING SIXTY YEARS: THE LEGACY OF HIROSHIMA (THE NOBEL LECTURE)
