Book Review: John Dryzek, Deliberative Democracy and Beyond: Liberals, Critics, Contestations (Oxford: Oxford University Press, 2000), pp. 195, US$ 29.92
In: Political science, Band 53, Heft 2, S. 68-69
ISSN: 2041-0611
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In: Political science, Band 53, Heft 2, S. 68-69
ISSN: 2041-0611
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Working paper
Reveals the origins of game theory and the advances made by John Nash, to detail the system of calculation that allows individuals to think strategically about what their opponents want, how much they want it, and how they might react to every move
World Affairs Online
I had the good fortune to grow up in a wonderful area of Jerusalem, surrounded by a diverse range of people: Rabbi Meizel, the communist Sala Marcel, my widowed Aunt Hannah, and the intellectual Yaacovson. As far as I'm concerned, the opinion of such people is just as authoritative for making social and economic decisions as the opinion of an expert using a model. Part memoir, part crash-course in economic theory, this deeply engaging book by one of the world's foremost economists looks at economic ideas through a personal lens. Together with an introduction to some of the central concepts in modern economic thought, Ariel Rubinstein offers some powerful and entertaining reflections on his childhood, family and career. In doing so, he challenges many of the central tenets of game theory, and sheds light on the role economics can play in society at large. The book is as thought-provoking for seasoned economists as it is enlightening for newcomers to the field. Sylvia Nasar, author of A Beautiful Mind, describes Economics Fables as a "wonderfully inviting introduction to game theory, rich in personalities, history and sense of place. Ariel Rubinstein is not only a brilliant theorist with a knack for lucid exposition, but a gifted storyteller. Students will find the ideas surprisingly accessible. Aspiring scholars, wondering whether a life of the mind is worth pursuing, will find his personal journey of intellectual discovery thrilling."
The purpose of this paper is to study toll and investment competition along a serial transport corridor competition allowing for partial cooperation between regional governments. Partial cooperation is modeled as a Nash bargaining problem with endogenous disagreement points. We show that the bargaining approach to partial cooperation implies lower tolls and higher quality and capacity investment than fully noncooperative behavior. Moreover, under bargaining, strategic behavior at the investment stage induces regions to offer lower quality and invest less in capacity as compared to full cooperation. Finally, Nash bargaining partially resolves the problem of welfare losses due to toll and capacity competition pointed out in the recent literature.
BASE
In: North American immigrant letters, diaries and oral histories
In: African and Asian Studies, Band 15, Heft 1, S. 169-170
ISSN: 1569-2108
In: Political science, Band 38, Heft 1, S. 87-88
ISSN: 2041-0611
Chapter 1: Adam Smith (1723-1790) -- Chapter 2: David Ricardo (1772 -1823) -- Chapter 3: Karl Marx (1818-1883).-Chapter 4: Léon Walras (1834-1910) -- Chapter 5: John Maynard Keynes (1883-1946) -- Chapter 6: Joseph Schumpeter (1883-1950) -- Chapter 7: Friedrich Hayek (1899 -1992) -- Chapter 8: Milton Friedman (1912-2006) -- Chapter 9: Robert Solow (1924 -... ) -- Chapter 10: John Nash (1928-2015) -- Chapter 11: Amartya Sen (1933-…) -- Chapter 12: Joseph Stiglitz (1943 - …) -- Chapter 13: Paul Krugman (1953 - …).
I had the good fortune to grow up in a wonderful area of Jerusalem, surrounded by a diverse range of people: Rabbi Meizel, the communist Sala Marcel, my widowed Aunt Hannah, and the intellectual Yaacovson. As far as I'm concerned, the opinion of such people is just as authoritative for making social and economic decisions as the opinion of an expert using a model. Part memoir, part crash-course in economic theory, this deeply engaging book by one of the world's foremost economists looks at economic ideas through a personal lens. Together with an introduction to some of the central concepts in modern economic thought, Ariel Rubinstein offers some powerful and entertaining reflections on his childhood, family and career. In doing so, he challenges many of the central tenets of game theory, and sheds light on the role economics can play in society at large. The book is as thought-provoking for seasoned economists as it is enlightening for newcomers to the field. Sylvia Nasar, author of A Beautiful Mind, describes Economics Fables as a "wonderfully inviting introduction to game theory, rich in personalities, history and sense of place. Ariel Rubinstein is not only a brilliant theorist with a knack for lucid exposition, but a gifted storyteller. Students will find the ideas surprisingly accessible. Aspiring scholars, wondering whether a life of the mind is worth pursuing, will find his personal journey of intellectual discovery thrilling".
BASE
In: The journal of economic history, Band 47, Heft 4, S. 1058-1059
ISSN: 1471-6372
In: Journal of Asian and African studies: JAAS, Band 15, Heft 1-2, S. 169-170
ISSN: 1745-2538
In: The black scholar: journal of black studies and research, Band 32, Heft 1, S. 52-57
ISSN: 2162-5387