Rationality and Coordination (English, Cristina Bicchieri)

Name: Rationality and Coordination (English, Cristina Bicchieri)
SKU: isbn-9780521574440
Price: 4759.00 INR
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ISBN: 9780521574440

By Cristina BicchieriCambridge University Press

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About the Book

This book explores how individual actions coordinate to produce unintended social consequences. In the past this phenomenon has been explained as the outcome of rational, self-interested individual behaviour. Professor Bicchieri shows that this is in no way a satisfying explanation. She discusses how much knowledge is needed by agents in order to coordinate successfully. If the answer is unbounded knowledge, then a whole variety of paradoxes aris…

ISBN: 9780521574440