The Economics of the Good, the Bad and the Ugly
Secrets, Desires, and Second-Mover Advantages
Series: The Graz Schumpeter Lectures;
- Publisher's listprice GBP 145.00
-
73 384 Ft (69 890 Ft + 5% VAT)
The price is estimated because at the time of ordering we do not know what conversion rates will apply to HUF / product currency when the book arrives. In case HUF is weaker, the price increases slightly, in case HUF is stronger, the price goes lower slightly.
- Discount 10% (cc. 7 338 Ft off)
- Discounted price 66 046 Ft (62 901 Ft + 5% VAT)
73 384 Ft
Availability
Estimated delivery time: In stock at the publisher, but not at Prospero's office. Delivery time approx. 3-5 weeks.
Not in stock at Prospero.
Why don't you give exact delivery time?
Delivery time is estimated on our previous experiences. We give estimations only, because we order from outside Hungary, and the delivery time mainly depends on how quickly the publisher supplies the book. Faster or slower deliveries both happen, but we do our best to supply as quickly as possible.
Product details:
- Edition number 1
- Publisher Routledge
- Date of Publication 2 August 2018
- ISBN 9781138606982
- Binding Hardback
- No. of pages268 pages
- Size 234x156 mm
- Weight 660 g
- Language English
- Illustrations 17 Illustrations, black & white; 17 Line drawings, black & white; 6 Tables, black & white 0
Categories
Short description:
In his series of Schumpeter lectures, the author uses his analysis of the three-person duel (or ?truel?) in The Good, the Bad and the Ugly, as a starting point to argue that the truel between desires, secrets and second-mover advantages account for a large share of social problems and failures in politics and business.
MoreLong description:
The highly praised Western, The Good, the Bad, and the Ugly, has been used in many game-theory courses over the years and has also found its way into leading journals of this field. Using the rich material offered by this movie, alongside other elements from popular culture, literature and history, this book furthers this exploration into a fascinating area of economics.
In his series of Schumpeter lectures, Manfred J. Holler uses his analysis of Sergio Leone?s movie as a starting point to argue that combinations of desires, secrets and second-mover advantages trigger conflicts but also allow for conflict resolution. Many people and organizations have a desire for secrecy, and this is often motivated by a desire to create a second-mover advantage, and by undercutting the second-mover advantage of others. This book demonstrates that the interaction of these three ingredients account for a large share of social problems and failures in politics and business but, somewhat paradoxically, can also help to overcome some of the problems that result by applying one or two of them in isolation.
This book has been written for curious readers who want to see the world from a different perspective and who like simple mathematics alongside story telling. Its accessible approach means that it will be of use to students and academics alike, especially all those interested in decision making, game theory, and market entry.
MoreTable of Contents:
Preface and alternative facts, 1. The trailer, 2. On desires, 3. Second-mover advantages, 4. Secrets: How to create and how to deal with them, 5. Justice in the end?. References. Index
More
