Review
"Mr. Schelling's [book] transformed the way many economists think about the relationship between competition and social welfare." Robert Frank, The New York Times"
Product Description
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. Schelling shows that a slight-but-not-malicious preference to have neighbours of the same race eventually leads to completely segregated populations. The updated edition contains a new preface and the author's Nobel Prize acceptance speech.
About the Author
THOMAS C. SCHELLING is the co-winner of the 2005 Nobel Memorial Prize for Economic Science. He is the Distinguished University Professor Emeritus of Economics and Public Policy at the University of Maryland.
