Individual Strategy and Social Structure: An Evolutionary Theory of Institutions

Individual Strategy and Social Structure: An Evolutionary Theory of Institutions

by H.PeytonYoung (Author)

Synopsis

Neoclassical economics assumes that people are highly rational and can reason their way through even the most complex economic problems. This book shows how the cumulative experiences of many individuals coalesce over time into customs, norms, and institutions that govern economic and social life.

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More Information

Format: Paperback
Pages: 208
Edition: Revised ed.
Publisher: Princeton University Press
Published: 03 Jan 2001

ISBN 10: 0691086877
ISBN 13: 9780691086873