Spontaneous Order

Name: Spontaneous Order
Brand: Oxford University Press
SKU: 9780198892908
Price: 954.65 RON
Availability: InStock

How Norms, Institutions, and Innovations Emerge from the Bottom Up

Autor: H. Peyton Young

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Legare: Copertă tare

Editura: Oxford University Press

Disponibilitate: În depozitul extern

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Spontaneous Order brings together Peyton Young''s research on evolutionary game theory and its diver...

Informații despre carte

Autor

H. Peyton Young

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2024

Pagini

400

EAN

9780198892908

Enbook ID

46525884

Editura

Oxford University Press

Greutate

754

Dimensiuni

156 x 234

Descriere completă

Spontaneous Order brings together Peyton Young''s research on evolutionary game theory and its diverse applications across a wide range of academic disciplines, including economics, sociology, philosophy, biology, computer science, and engineering. Enhanced with an introductory essay and commentaries, the book pulls together the author''s work thematically to provide a valuable resource for scholars of economic theory. Young argues that equilibrium behaviors often coalesce from the interactions and experiences of many dispersed individuals acting with fragmentary knowledge of the world, rather than (as is often assumed in economics) from the actions of fully rational agents with commonly held beliefs. The author presents a unified and rigorous account of how such ''bottom-up'' evolutionary processes work, using recent advances in stochastic dynamical systems theory. This analytical framework illuminates how social norms and institutions evolve, how social and technical innovations spread in society, and how these processes depend on adaptive learning behavior by human subjects.

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Spontaneous Order

How Norms, Institutions, and Innovations Emerge from the Bottom Up

Informații despre carte

Descriere completă

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