Collective action and exchange : a game-theoretic approach to contemporary political economy /

Collective action and exchange : a game-theoretic approach to contemporary political economy /

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Bibliographic Details
Author / Creator:Ferguson, William D., 1953- author.
Imprint:Stanford, California : Stanford Economics and Finance, an imprint of Stanford University Press, [2013]
Description:1 online resource (xii, 432 pages) : illustrations
Language:English
Subject:
Game theory.
Economics -- Mathematical models.
Economics -- Mathematical models.
Game theory.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12587950
Hidden Bibliographic Details
ISBN:9780804785563
0804785562
9780804770033
0804770034
9780804770040
0804770042
Notes:Includes bibliographical references (pages 389-409) and index.
English.
Print version record.
Summary:In Collective Action and Exchange: A Game-Theoretic Approach to Contemporary Political Economy, William D. Ferguson presents a comprehensive political economy text aimed at advanced undergraduates in economics and graduate students in the social sciences. The text utilizes collective action as a unifying concept, arguing that collective-action problems lie at the foundation of market success, market failure, economic development, and the motivations for policy. Ferguson draws on information economics, social preference theory, cognition theory, institutional economics, as we.
Other form:Print version: Ferguson, William D., 1953- Collective action and exchange 9780804770033
Table of Contents:
  • Introduction : a farmers' market
  • Collective-action problems and innovative theory
  • The basic economics of collective action
  • Enforcement, coordination, and second-order collective-action problems
  • Seizing advantage : strategic moves and power in exchange
  • Basic motivation : rational egoists and reciprocal players
  • Foundations of motivation: rationality and social preference
  • Institutions, organizations, and institutional systems
  • Informal institutions
  • Internal resolution via group self-organization
  • Third-party enforcement, formal institutions, and interactions with self-governance
  • Social networks and collective action
  • Policy and political economy
  • Knowledge, collective action, institutions, location, and growth.

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