Society and Economy: Models of Social Man
- ISBN-10
- 8256014490
- ISBN-13
- 9788256014491
- Pages
- 128
- Language
- English
- Published
- 2004
- Publisher
- International Specialized Book Service Incorporated
- Author
- Per Otnes
Description
This book confronts a major institution of recent decades â?? neo-liberalism and its exaggerated pro-market views. It examines two of its Game Theory models: The Prisonerâ??s Dilemma and The Tragedy of the Commons. Both are shown to be basically unstable; they may change into several quite distinct games at any phase. Market economics has a base in Game Theory much in the same way as mathematics in formal logic.
