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999 _c56397
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008 200219b ||||| |||| 00| 0 eng d
020 _a9780691126388
028 _aInternational Book Distributors
_b;Flat No.17,Prakash Apartments,5 Ansari Road,New Delhi-110002
_c;115152
_d;05/02/2020
082 _a338.5 BOW
100 _aSamuel Bowles
245 _aMicroeconomics
_b: behavior, institutions, and evolution
_c/Samuel Bowles
260 _a Princeton, N.J.
_b: Princeton University Press
_c, ©2004.
300 _axi, 584 pages
_c; 24 cm
365 _b5069
490 _aRoundtable series in behavioral economics.
505 _aPrologue: Economics and the Wealth of Nations and People -- pt. I. Coordination and Conflict: Generic Social Interactions -- Ch. 1. Social Interactions and Institutional Design -- Ch. 2. Spontaneous Order: The Self-organization of Economic Life -- Ch. 3. Preferences and Behavior -- Ch. 4. Coordination Failures and Institutional Responses -- Ch. 5. Dividing the Gains to Cooperation: Bargaining and Rent Seeking -- pt. II. Competition and Cooperation: The Institutions of Capitalism -- Ch. 6. Utopian Capitalism: Decentralized Coordination -- Ch. 7. Exchange: Contracts, Norms, and Power -- Ch. 8. Employment, Unemployment, and Wages -- Ch. 9. Credit Markets, Wealth Constraints, and Allocative Inefficiency -- Ch. 10. The Institutions of a Capitalist Economy -- pt. III. Change: The Coevolution of Institutions and Preferences -- Ch. 11. Institutional and Individual Evolution -- Ch. 12. Chance, Collective Action, and Institutional Innovation
520 _aIn this introduction to modern microeconomic theory, Samuel Bowles returns to the classical economists' interest in the wealth and poverty of nations and people, the workings of the institutions of capitalist economies, and the coevolution of individual preferences and the structures of markets, firms, and other institutions. Using recent advances in evolutionary game theory, contract theory, behavioral experiments, and the modeling of dynamic processes, he develops a theory of how economic institutions shape individual behavior, and how institutions evolve due to individual actions, technological change, and chance events. Topics addressed include institutional innovation, social preferences, nonmarket social interactions, social capital, equilibrium unemployment, credit constraints, economic power, generalized increasing returns, disequilibrium outcomes, and path dependency." "Must reading for students and scholars not only in economics but across the behavioral sciences, this exposition of the new microeconomics moves the field beyond the conventional models of prices and markets toward a more accurate and policy-relevant portrayal of human social behavior
650 _aMicroeconomics
655 _a;Institutional economics
_b;Evolutionary economics
700 _aSamuel Bowles
942 _cBOOK