Rationality and Coordination

Name: Rationality and Coordination
Brand: Cambridge University Press
SKU: 9780521381239
Price: 9450 KES
Availability: OutOfStock
ISBN: 9780521381239

by Cristina Bicchieri

Book Details

Format Hardback

Book Series Cambridge Studies in Probability, Induction and Decision Theory

ISBN-10 0521381231

ISBN-13 9780521381239

Publisher Cambridge University Press

Imprint Cambridge University Press

Country of Manufacture US

Country of Publication GB

Publication Date Feb 25th, 1994

Print length 286 Pages

Weight 516 grams

Product Classification: Philosophy: logic

KSh 9,450.00

Re-Printing 0 in stock

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This book explores how individual actions coordinate to produce unintended social consequences.

This book explores how individual actions coordinate to produce unintended social consequences. In the past this phenomenon has been explained as the outcome of rational, self-interested individual behaviour. Professor Bicchieri shows that this is in no way a satisfying explanation. She discusses how much knowledge is needed by agents in order to coordinate successfully. If the answer is unbounded knowledge, then a whole variety of paradoxes arise. If the answer is very little knowledge, then there seems hardly any possibility of attaining coordination. The solution to coordination and cooperation is for agents to learn about each other. The author concludes that rationality must be supplemented by models of learning and by an evolutionary account of how social order (i.e. spontaneous coordinated behaviour) can persist.

Get Rationality and Coordination by Cristina Bicchieri at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Cambridge University Press and it has 286 pages.