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Rational Conflict

The study of economic rationality is attracting increasing attention from other disciplines as well as continuing to be the subject of debate within economics. At its heart is the notion that, in a situation of choice or confrontation, knowledge of an individual’s desires and beliefs will allow their actions to be predicted. Yanis Varoufakis argues that this is an ideal abstraction which is both inapplicable and ineffective. Using examples from industrial relations, diplomacy, hostage crises and the law, he shows that it is impossible to quantify the aspirations of individuals in these conflicts, and that traditional theory ignores both the wider context and the history of similar cases.

Author: Yanis Varoufakis

Binding: Hardcover

EAN: 9780631166061

Manufacturer: Blackwell Pub

Number of pages: 288

Product group: Book

Studio: Blackwell Pub

Publication Date: 1991-10

Publisher: Blackwell Pub

Pages: 288

ISBN: 0631166068

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Yanis Varoufakis
An accidental economist Let me begin with a confession: I am a Professor of Economics who has never really trained as an economist. But let’s take things one at a time.