Strategies of Commitment and Other Essays by Thomas C. Schelling

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Textbook (Hardcover)

  • 360pp

TEXTBOOK INFORMATION

  • ISBN-13: 9780674019294
  • Edition Number: 1
  • Pub. Date: February 2006
  • Publisher: Harvard University Press
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Product Details

  • Pub. Date: February 2006
  • Publisher: Harvard University Press
  • Format: Textbook Hardcover, 360pp

Synopsis

All of the essays in this new collection by Thomas Schelling convey his unique perspective on individuals and society. This perspective has several characteristics: it is strategic in that it assumes that an important part of people's behavior is motivated by the thought of influencing other people's expectations; it views the mind as being separable into two or more parts (rational/irrational; present-minded/future-minded); it is motivated by policy concerns—smoking and other addictions, global warming, segregation, nuclear war; and while it accepts many of the basic assumptions of economics—that people are forward-looking, rational decision makers, that resources are scarce, and that incentives are important—it is open to modifying them when appropriate, and open to the findings and insights of other social science disciplines.

Schelling—a 2005 Nobel Prize winner— has been one of the four or five most important social scientists of the past fifty years, and this collection shows why.

Robert Sugden - Times Higher Education Supplement

Whether by accident or design, this collection of essays is well timed to celebrate Thomas Schelling's winning the 2005 Nobel Prize in Economics. With one minor exception all the essays have been published previously. On the scale of Schelling's long career, most are relatively recent productions. All the characteristic features of his work--the breadth of his interests, the originality and creativity of his theorizing, the intellectual rigor of his policy analysis and the freshness and clarity of his writing--are on display. The title essay is an elegant reprise of the work for which Schelling is best known among his fellow economists: the study of strategy commitment. Several essays explore the possibilities of commitment as a mechanism of self-control. Schelling treats the individual as a collection of selves, interacting strategically with one another. He writes with empathy and imagination about the strategies by which one self tries to forestall choices that another self will want to make, and the countervailing strategies by which the latter tries to evade the constraints imposed by the former.

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Biography

Thomas C. Schelling is Distinguished University Professor, Department of Economics and School of Public Affairs, University of Maryland and Lucius N. Littauer Professor of Political Economy, Emeritus, Harvard University. He is co-recipient of the 2005 Nobel Prize in Economics.

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