Description:OCyFor most of the 20th century economists focused on competition as the driving force of the modern capitalist economy. In his thoughtful and readable book, Roger A. McCain offers a different frame of reference for economists. Using game theoryOCOs distinction between cooperative and non-cooperative games, he defines economics as the study of the development of cooperative agreements in the economy and the failure to bring them about. Orthodox economists who think in terms of a competitive model and heterodox economists who adhere to a class conflict paradigm will both find their ideas challenged by McCainOCOs new frame that sees mature capitalism as the result of class compromise based on an imperfectly cooperative game.OCO- Donald R. Stabile, St. MaryOCOs College of Maryland, US"We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Reframing Economics: Economic Action as Imperfect Cooperation. To get started finding Reframing Economics: Economic Action as Imperfect Cooperation, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
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1782546421
Reframing Economics: Economic Action as Imperfect Cooperation
Description: OCyFor most of the 20th century economists focused on competition as the driving force of the modern capitalist economy. In his thoughtful and readable book, Roger A. McCain offers a different frame of reference for economists. Using game theoryOCOs distinction between cooperative and non-cooperative games, he defines economics as the study of the development of cooperative agreements in the economy and the failure to bring them about. Orthodox economists who think in terms of a competitive model and heterodox economists who adhere to a class conflict paradigm will both find their ideas challenged by McCainOCOs new frame that sees mature capitalism as the result of class compromise based on an imperfectly cooperative game.OCO- Donald R. Stabile, St. MaryOCOs College of Maryland, US"We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Reframing Economics: Economic Action as Imperfect Cooperation. To get started finding Reframing Economics: Economic Action as Imperfect Cooperation, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.