Micromotives and Macrobehavior Characters

Thomas Schelling
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Thomas C. Schelling

Thomas C. Schelling is the author of "Micromotives and Macrobehaviors" which is a classic presentation of how the activities and behavior of the individual impact the larger entity; i.e., the community, the country or the world. Thomas C. Schelling is the 2005 Nobel Prize recipient for Economic Science. Schelling discusses this award indicating that this book was not specifically sited as contributing to his receiving the award. However, the Nobel committee did site that Schelling was awarded the prize "for having enhanced our understanding of conflict and cooperation through game-theoretic analysis." Schelling defines "game-theory" as the study of how rational human beings choose the best of two or more options, when the best choices depend upon choices others will make.

Writing an updated introduction in 2006, Schelling refers to the substance of his work occurring some thirty years before that. He explains that In "Micromotives and...

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This section contains 1,996 words
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Buy the Micromotives and Macrobehavior Study Guide
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