Neoclassical economics assumes that people are highly rational and can reason their way through complex economic problems. Author Peyton Young argues more realistically that people have limited understanding of their environment, are often shortsighted, and occasionally act in perverse ways. He shows how the cumulative experiences of many such individuals coalesce over time into the norms that govern economic and social life.
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Neoclassical economics assumes that people are highly rational and can reason their way through complex economic problems. Author Peyton Young argues more realistically that people have limited understanding of their environment, are often shortsighted, and occasionally act in perverse ways. He shows how the cumulative experiences of many such individuals coalesce over time into the norms that govern economic and social life.
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Add this copy of Individual Strategy and Social Structure: an to cart. $6.75, very good condition, Sold by ThriftBooks-Atlanta rated 5.0 out of 5 stars, ships from Brownstown, MI, UNITED STATES, published 2001 by Princeton University Press.
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Add this copy of Individual Strategy and Social Structure: an to cart. $31.22, very good condition, Sold by ThriftBooks-Atlanta rated 5.0 out of 5 stars, ships from Brownstown, MI, UNITED STATES, published 1998 by Princeton University Press.
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