Economists have traditionally studied aggregate behavior as the outcome of individual decisions made interactively, while sociologists have focused on the role of social influences on individual behavior. Over the past decade, however, the barriers between the disciplines have broken down, resulting in the new area of social economics. Social economics is based on the assumption that individuals are directly influenced by the choices and characteristics of others, creating a feedback loop from the past choices of some people to the current social context and hence future choices of others. The essays in this book, by some of the creators of the field, provide an overview of social economics and represent a variety of approaches, including theoretical model-building, empirical studies, statistical analyses, and philosophical reflections.
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Book Description
Editorial Reviews
About the Author
Steven N. Durlauf is Kenneth J. Arrow Professor Professor of Economics at the University of Wisconsin and former Director of the Economics Program of the Sante Fe Institute.
H. Peyton Young is the James Meade Professor of Economics, University of Oxford; the Scott and Barbara Black Professor of Economics, Emeritus, at Johns Hopkins University; and Senior Fellow in Economic Studies at the Brookings Institution.
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Inside This Book
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This volume surveys recent efforts to study an old problem: the interrelationship between group and individual behavior. Read the first page Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, United States, Cambridge University Press, Princeton University Press, Harvard University Press, Journal of Political Economy, Review of Economic Studies, American Journal of Sociology, Menlo Park, Peyton Young, University of Wisconsin, Akaike Information Criterion, Academic Press, Journal of Economic Theory, American Economic Review, David Sloan, Department of Economics, The Evolution of Conventions, Theoretical Population Biology, University of Chicago Press, Ann Arbor, Basic Books, Clarendon Press, Dynamic Models of Segregation, Identification of Endogenous Social Effects New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
This volume surveys recent efforts to study an old problem: the interrelationship between group and individual behavior. Read the first page Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, United States, Cambridge University Press, Princeton University Press, Harvard University Press, Journal of Political Economy, Review of Economic Studies, American Journal of Sociology, Menlo Park, Peyton Young, University of Wisconsin, Akaike Information Criterion, Academic Press, Journal of Economic Theory, American Economic Review, David Sloan, Department of Economics, The Evolution of Conventions, Theoretical Population Biology, University of Chicago Press, Ann Arbor, Basic Books, Clarendon Press, Dynamic Models of Segregation, Identification of Endogenous Social Effects New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 100
books:
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55
books
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- Individual Strategy and Social Structure: An Evolutionary Theory of Institutions by H. Peyton Young on 4 pages
- Handbook of Econometrics, Volume 5 by J.J. Heckman on 4 pages
- Micromotives and Macrobehavior by Thomas C. Schelling on page 82, page 131, and page 153
- The Urban Underclass by Christopher Jencks on page 14, page 79, and page 81
- Language and Social Identity (Studies in Interactional Sociolinguistics) by John J. Gumperz on page 40, and page 42
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- Sociological Methodology (Volume 31, 2001) by Michael E. Sobel on 4 pages
- Poverty Traps by Samuel Bowles on page 171, and page 174
- Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics by Eric D. Beinhocker in Back Matter (1), and Back Matter (2)
- Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model by David Colander in Back Matter (1), and Back Matter (2)
- The Stag Hunt and the Evolution of Social Structure by Brian Skyrms in Back Matter (1), and Back Matter (2)
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