The invisible hand in economics how economists explain unintended social consequences /

• Main Author: Aydinonat, N. Emrah.
• Format: Electronic
• Language: English
• Published: London ; New York : Routledge, 2008.
• Series: Routledge INEM advances in economic methodology ; 10.
• Subjects: Economics > Philosophy.; Free enterprise.; Self-interest > Social aspects.; Economics > Methodology.; BUSINESS & ECONOMICS > Theory. > Economics; Electronic books.
• Online Access: View fulltext via EzAccess

Addressing theÈcontroversial concept ofẗhe invisible hand, this book questions, examines and explicates the strengths and weaknesses of the concept by analyzing its paradigmatic examples such as Carl Menger's Origin of Money and Thomas Schelling's famous checkerboard model of residential s...

Table of Contents:

• Introduction
• Unintended consequences
• The origin of money
• Segregation
• The invisible hand
• The origin of money reconsidered
• Models and representation
• Game theory and conventions
• Concluding remarks.