Economic Fables - cover image

Copyright

Ariel Rubinstein

Published On

2012-04-20

ISBN

Paperback978-1-906924-77-5
PDF978-1-906924-79-9
HTML978-1-80064-447-2
EPUB978-1-906924-80-5
MOBI978-1-906924-81-2

Language

  • English

Print Length

264 pages (vi + 258)

Dimensions

Paperback129 x 14 x 198 mm(5.06" x 0.55" x 7.81")

Weight

Paperback579g (20.42oz)

Media

Illustrations8
Tables6

OCLC Number

941463843

LCCN

2019452716

BIC

  • KCA

BISAC

  • BIO021000
  • BUS044000

LCC

  • HB71

Keywords

  • Microeconomics
  • economic models
  • economic theory
  • game theory
  • John Nash
  • Hotelling's Game
  • Beautiful Mind
Thoth logoPowered by Thoth.

Economic Fables

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."

Table of Contents

Chapter 0: Introduction

Chapter 1: Rational, Irrational

Chapter 2: Game Theory: A Beautiful Mind

Chapter 3: The Jungle Tale and the Market Tale

Chapter 4: Economics, Pragmatics and Seven Traps

Chapter 5: (Sort of) Economic Policy

Bibliographical Notes

Acknowledgements