Microeconomics: Behavior, Institutions, and Evolution

Author:   Samuel Bowles
Publisher:   Princeton University Press
ISBN:  

9780691126388


Pages:   608
Publication Date:   05 February 2006
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Microeconomics: Behavior, Institutions, and Evolution


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Author:   Samuel Bowles
Publisher:   Princeton University Press
Imprint:   Princeton University Press
Dimensions:   Width: 15.20cm , Height: 3.30cm , Length: 23.50cm
Weight:   0.851kg
ISBN:  

9780691126388


ISBN 10:   0691126380
Pages:   608
Publication Date:   05 February 2006
Audience:   Professional and scholarly ,  College/higher education ,  Professional & Vocational ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.
Language:   English

Table of Contents

Preface ix Prologue: Economics and the Wealth of Nations and People 1 Part I: Coordination and Conflict: Generic Social Interactions 21 Chapter One: Social Interactions and Institutional Design 23 Chapter Two: Spontaneous Order: The Self-organization of Economic Life 56 Chapter Three: Preferences and Behavior 93 Chapter Four: Coordination Failures and Institutional Responses 127 Chapter Five: Dividing the Gains to Cooperation: Bargaining and Rent Seeking 167 Part II : Competition and Cooperation: The Institutions of Capitalism 203 Chapter Six: Utopian Capitalism: Decentralized Coordination 205 Chapter Seven: Exchange: Contracts, Norms, and Power 233 Chapter Eight: Employment, Unemployment, and Wages 267 Chapter Nine: Credit Markets, Wealth Constraints, and Allocative Inefficiency 299 Chapter Ten: The Institutions of a Capitalist Economy 331 Part III: Change: The Coevolution of Institutions and Preferences 363 Chapter Eleven: Institutional and Individual Evolution 365 Chapter Twelve: Chance, Collective Action, and Institutional Innovation 402 Chapter Thirteen: The Coevolution of Institutions and Preferences 437 Part IV: Conclusion 471 Chapter Fourteen: Economic Governance: Markets, States, and Communities 473 Problem Sets 502 Additional Readings 529 Works Cited 537 Index 571

Reviews

There must be dozens of introductory books with the word 'microeconomics' in the title, but for ambition alone Samuel Bowles's volume stands out. Not only does Bowles convey the elements of the conventional theory of capitalist economics--he offers a wealth of cutting-edge material as well ... [His] theory is neat, thought-provoking, and highly original--as is much else in this most unusual take on microeconomics. -- Eric Maskin Science This important and highly impressive volume is intended as an overview of cutting-edge developments in microeconomics for graduate students... The work is well written and carefully structured... [T]his is a very fertile and inspiring book, of much broader use than its intended audience... Its analytical accounts of institutional structures and its masterly fusion of institutional and evolutionary themes might eventually warrant its status as a modern classic. -- Geoffrey M. Hodgson Economics and Philosophy


There must be dozens of introductory books with the word 'microeconomics' in the title, but for ambition alone Samuel Bowles's volume stands out. Not only does Bowles convey the elements of the conventional theory of capitalist economics--he offers a wealth of cutting-edge material as well ... [His] theory is neat, thought-provoking, and highly original--as is much else in this most unusual take on microeconomics. -- Eric Maskin, Science This important and highly impressive volume is intended as an overview of cutting-edge developments in microeconomics for graduate students... The work is well written and carefully structured... [T]his is a very fertile and inspiring book, of much broader use than its intended audience... Its analytical accounts of institutional structures and its masterly fusion of institutional and evolutionary themes might eventually warrant its status as a modern classic. -- Geoffrey M. Hodgson, Economics and Philosophy


There must be dozens of introductory books with the word 'microeconomics' in the title, but for ambition alone Samuel Bowles's volume stands out. Not only does Bowles convey the elements of the conventional theory of capitalist economics--he offers a wealth of cutting-edge material as well ... [His] theory is neat, thought-provoking, and highly original--as is much else in this most unusual take on microeconomics. --Eric Maskin, Science This important and highly impressive volume is intended as an overview of cutting-edge developments in microeconomics for graduate students... The work is well written and carefully structured... [T]his is a very fertile and inspiring book, of much broader use than its intended audience... Its analytical accounts of institutional structures and its masterly fusion of institutional and evolutionary themes might eventually warrant its status as a modern classic. --Geoffrey M. Hodgson, Economics and Philosophy


Author Information

Samuel Bowles is Research Professor and Director of the Behavioral Sciences Program at the Santa Fe Institute and Professor of Economics at the University of Siena. He is coauthor of Notes and Problems in Microeconomic Theory (North Holland Texts in Mathematical Economics) and Schooling in Capitalist America (Basic Books), and has published articles, most recently, in the American Economic Review, Nature, the Quarterly Journal of Economics, the Economic Journal, and the Journal of Theoretical Biology.

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