Originally published over twenty-five years ago, "Micromotives and Macrobehavior" still feels fresh today. And the subject of these stories - how small and seemingly meaningless decisions and actions by individuals often lead to significant unintended consequences for a large group - is more important than ever. In one famous example, Thomas C. ...
Traditionally, Americans have viewed war as an alternative to diplomacy, and military strategy as the science of victory. Today, however, in our world of nuclear weapons, military power is not so much exercised as threatened. It is, Mr. Schelling says, bargaining power, and the exploitation of this power, for good or evil, to preserve peace or to ...
Thomas Schelling is a political economist "conspicuous for wandering" an errant economist. In "Choice and Consequence," he ventures into the area where rationality is ambiguous in order to look at the tricks people use to try to quit smoking or lose weight. He explores topics as awesome as nuclear terrorism, as sordid as blackmail, as ineffable as ...
All of the essays in this new collection by Thomas Schelling convey his unique perspective on individuals and society, whether discussing smoking and other addictions, global warming, segregation, or nuclear war. Schelling - a 2005 Nobel Prize winner - has been one of the four or five most important social scientists of the past fifty years, and ...
Based on the joint efforts of Israelis, Jordanians, and Palestinians, in conjunction with economists from Harvard and the Massachusetts Institute of Technology, this book describes a cohesive plan for an integrated Middle East economy. It specifies actions and studies in areas where there are pressing issues, and where rapid progress is possible. ...
This book explores the extent to which pricing incentives such as charges on emissions; in contrast to regulatory standards, can be shaped into a practical policy that is technically effective, politically enactable, administratively enforceable, and equitable.
Little will be done in the near future to reduce greenhouse gas emissions - providing an opportunity to develop programmes for research, subsidization, and regulation. This text focuses on specific issues, such as global climate change, and the institutional arrangements required to deal with them.
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