{"product_id":"microeconomics-9780691126388","title":"Microeconomics","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003ePresents an introduction to modern microeconomic theory. This book develops a theory of how economic institutions shape individual behavior, and how institutions evolve due to individual actions, technological change, and chance events. It addresses institutional innovation, social preferences, nonmarket social interactions, and social capital.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\"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\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003ePreface 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","brand":"Princeton University Press","offers":[{"title":"Default Title","offer_id":49403742617943,"sku":"9780691126388","price":63.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780691126388.jpg?v=1730484418","url":"https:\/\/bookcurl.com\/products\/microeconomics-9780691126388","provider":"Book Curl","version":"1.0","type":"link"}