Description
Book SynopsisApple or pears? Liberty or death? We experience life as a series of choices, large and small. What makes a choice rational? Divided in three parts with a section of keywords, this book provides a comprehensive introduction to the fundamental principles of rational choice theory, game theory, and to their implications and limitations.
Trade Review"
The Theory of Choice is a welcome guide to the various permutations of politics, economics and philosophy with game theory, decision theory and social choice theory."
Eric Rasmusen "The Theory of Choice is an innovative and well-written analysis of issues regarding individual and collective choice." Dennis C. Mueller, Professor of Economics, University of Maryland at College Park
Table of ContentsIntroduction.
Part I: Individual Choice:.
1. Rationality.
2. Consumer Theory.
3. How People Choose.
4. Risk, Ignorance and Imagination.
5. Homo Economicus; Homo Sociologicus.
6. Autonomy.
Part II: Interactive Choice:.
7. Game Theory.
8. Bargaining.
9. Game Theory Applied.
10. Organizations.
11. Cultural Exchange.
12. Anarchic Order.
Part III: Collective Choice:.
13. Social Choice.
14. Democracy.
15. Power.
16. Planning.
17. Agendas.
18. Social Justice.
Keywords.
Bibliography.
Index.
