It takes the average reader 12 hours and 35 minutes to read A Game-theoretic Approach to Political Economy by Martin Shubik
Assuming a reading speed of 250 words per minute. Learn more
This companion volume to Shubik's masterful "Game Theory in the Social Sciences "sketches a unification of several branches of political economy on the basis of the theory of games. In five parts it covers basic factors that make economic decision making different from properties of economic goods, money, and wealth - static, one-sided, open model of oligopolistic competition; cooperative models of closed economic systems; strategic models of closed economic systems, and externalities and public goods. This final section explores a number of applications, including land ownership, voting, and the assignment of joint costs. The book concludes with an outline of a series of games within a game as a portrayal of a politico-economic process in a democratic society with a two-party system and public and private sectors. The approach adopted points the way toward a possible reconciliation of micro-and macroeconomics and an integration of economic, political, and sociological descriptions in the study of the short-term function of the state. Martin Shubik is Seymour H. Knox Professor of Mathematical Institutional Economics at Yale University.
A Game-theoretic Approach to Political Economy by Martin Shubik is 744 pages long, and a total of 188,976 words.
This makes it 251% the length of the average book. It also has 231% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 17 hours and 12 minutes to read A Game-theoretic Approach to Political Economy aloud.
A Game-theoretic Approach to Political Economy is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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