Individual Strategy and Social Structure : An Evolutionary Theory of Institutions

Author: H. Peyton Young
List Price: $24.95
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ISBN: 0691086877
Publisher: Princeton Univ Pr (03 January, 2001)
Sales Rank: 139,085
Average Customer Rating: 5 out of 5

Customer Reviews

Rating: 5 out of 5
only one word: excellent!
A wonderful survey of the author's contributions to evolutionary games and their implications for institutional changes. The reader will learn from this book how random perturbation theory of Freidlin and Wentzell is applied to such an increasingly important field in both game theory and macroeconomics. I like chapter 6 "Local Interaction" the most and, of course, the other chapters are also great!

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