Social dynamics / edited by Steven N. Durlauf and H. Peyton Young.

Format:

Book

Contributor:

Durlauf, Steven N., editor.

Young, H. Peyton, 1945- editor.

Series:

MIT Press series on economic learning and social evolution.

Economic Learning and Social Evolution

Language:

English

Subjects (All):

Social interaction.

Social interaction--Economic aspects.

Economics--Sociological aspects.

Economics.

Physical Description:

1 online resource (x, 238 p. ) ill., maps ;

Place of Publication:

Cambridge : MIT Press, 2001.

Language Note:

English

Summary:

Economists have traditionally studied aggregate behavior as the outcome of individual decisions made interactively, while sociologists have focused on the role of social influences on individual behavior. Over the past decade, however, the barriers between the disciplines have broken down, resulting in the new area of social economics. Social economics is based on the assumption that individuals are directly influenced by the choices and characteristics of others, creating a feedback loop from the past choices of some people to the current social context and hence future choices of others. The essays in this book, by some of the creators of the field, provide an overview of social economics and represent a variety of approaches, including theoretical model-building, empirical studies, statistical analyses, and philosophical reflections.

Contents:

The new social economics / Steven N. Durlauf and H. Peyton Young

The interactions-based approach to socioeconomic behavior / Lawrence E. Blume and Steven N. Durlauf

Policy interventions, low-level equilibria, and social interactions / Robert A. Moffitt

Measuring social interactions / Edward L. Glaeser and José A. Scheinkman

The dynamics of conformity / H. Peyton Young

Individual interactions, group conflicts, and the evolution of preferences / Samuel Bowles

The emergence of classes in a multi-agent bargaining model / Robert L. Axtell, Joshua M. Epstein, and H. Peyton Young

The breakdown of social contracts / Ken Binmore.

Notes:

Includes bibliographical references and index.

Bibliographic Level Mode of Issuance: Monograph

OCLC-licensed vendor bibliographic record.

ISBN:

0-262-27205-9

0-585-38666-8

OCLC:

1076545979