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Binding: PaperbackDewey Decimal Number: 301 EAN: 9780393329469 Edition: Revised ISBN: 0393329461 Label: W. W. Norton Manufacturer: W. W. Norton Number Of Items: 1 Number Of Pages: 288 Publication Date: October 16, 2006 Publisher: W. W. Norton Studio: W. W. Norton Editorial Review: Product Description: Before Freakonomics and The Tipping Point there was this classic by the 2005 Nobel Laureate in Economics. "Schelling here offers an early analysis of 'tipping' in social situations involving a large number of individuals."—official citation for the 2005 Nobel Prize Micromotives and Macrobehavior was originally published over twenty-five years ago, yet the stories it tells feel just as fresh today. And the subject of these stories—how small and seemingly meaningless decisions and actions by individuals often lead to significant unintended consequences for a large group—is more important than ever. In one famous example, Thomas C. Schelling shows that a slight-but-not-malicious preference to have neighbors of the same race eventually leads to completely segregated populations. The updated edition of this landmark book contains a new preface and the author's Nobel Prize acceptance speech. Average Rating:
 Rating:  - On the importance and fun of economicsMicromotives and Macrobehavior shows what fun it must be to be an economist. More specifically, it shows what fun it must be to be Thomas Schelling. It's not a book of high theory; it is a book of high particularity. When Schelling walks down the street, I imagine him with a giant grin or, barring that, a notepad in his hand to take down his thoughts on whatever he might be looking at; every last bit of the world must fascinate him. The great fun in economics, to me, is not what it has to tell me ... Read More Rating: - Micromotives and MacrobehaviorThis is one of the best books I have ever read. I have read it at least three times and learn something new each time. Schelling is not only a great economist but a great writer. He has a knack for making arcane concepts accessible. I highly recommend it. This book uses economic methodology to tackle "non-economic" concepts, such as segregation, sorting and mixing and cooperation. Rating: - The Golden Rule and Self-RestraintSchelling's book covertly drafts a model of economic support for the Golden Rule. While many of his examples may be repetitive, ultimately, we learn that by restraining ourselves in various enterprises, such as energy conservation, we are able to produce overall benefits for society. However, the hitch is that without critical mass or some basis for keeping rebels in line, no one adheres to the collective system and therefore no one benefits. Thus, the author intelligently posits an argument that ... Read More Rating: - The big picture relevance of detailsI enjoyed this book for it's stimulating arguments and everyday examples of big picture, "big topics" issues. As a novice to any type of economic analysis I've found the book informative and interesting. I recommend this book to anybody wishing to increase their awareness of the relevance of everyday events and experience to bigger, more intellectual topics. Rating: - 1970s FreakonomicsGame theory has been criticized for being able to explain anything, yet having little predictive capability. Whatever the case, Thomas Schelling's book is a gem. He takes everyday life phenomena and applies some systematic analysis as to why these things happen. It's a quick read and when you are done you too will keep viewing any issues coming your way as if they were seeking an equilibrium. With the varied topics and colorful examples it's the 1970s equivalent of "Freakonomics". |
