Individual Strategy and Social Structure

An Evolutionary Theory of Institutions

By:

H.Peyton Young

Format:

Paperback / softback

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Description

In this volume, the author argues for a realistic view in which people have a limited understanding of their environment. He seeks to show how the cumulative experiences of many individuals coalesce over time into customs, norms and institutions that govern economic and social life. He develops a theory that predicts how such institutions evolve and characterizes their welfare properties.

Author Biography:

H. Peyton Young is Scott and Barbara Black Professor of Economics at The Johns Hopkins University and a Visiting Fellow at the Brookings Institution. He is the author of Equity: In Theory and Practice (Princeton).

Release date NZ

January 23rd, 2001

Author

H.Peyton Young

Audiences

Professional & Vocational
Tertiary Education (US: College)

Illustrations

43 line illus., 1 table

Pages

208

Dimensions

152x229x13

ISBN-13

9780691086873

Product ID

2406637

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