Rational conflict
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Word Count
75,750 words, Guess
Page Count
303 pages
Identifiers
- Open LibraryOL1533356M
- ISBN-100631166068
- OCLC Control Number23216640
- OCLC Control Numberrationalconflict0000varo
- Library of Congress Control Number91011074
and 2 more
- Goodreads3760503
- LibraryThing3643525
Classifications
- DDC658.4
- LCCHD58.6 .V37 1991
Description
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.
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