{"product_id":"economics-of-information-biasing-hardcover","title":"Economics of Information Biasing - Hardcover","description":"\u003cp\u003eby \u003cb\u003eMonowar Zaman\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis book describes a new scientific paradigm of economics that unifies the diverse thoughts of economics to provide a simplified but holistic view of real-world economic and\u003c\/p\u003e\u003cp\u003esocial structures. It goes deep into very fundamental dynamics of rational behavior of economic agents with respect to information sharing amid their diverse self-interests. In\u003c\/p\u003e\u003cp\u003ea real-world economy, the probability of achieving Pareto efficiency for a subset of the population is much higher than for the whole population. This model is enhanced to\u003c\/p\u003e\u003cp\u003edescribe that our market is not uniform but distributed in layers of energy states. Our social and economic institutions can be subjectively modeled as an information biasing\u003c\/p\u003e\u003cp\u003echain where economic agents are positioned in different abstract coalitions according to the interdependence of their payoff functions. The upper layer coalitions virtually\u003c\/p\u003e\u003cp\u003econtrol the institutions for dominance, and they have greater influences on our markets that provoke growth by exhausting energy and other natural resources.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eThis book contains over 100 illustrations. \u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 532\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.13 x 9 x 6 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e December 07, 2021\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42097538564231,"sku":"9781956515367","price":61.54,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/650cc4a9b75b08c1f744f622cf5e7cf3.webp?v=1732353331","url":"https:\/\/booksby.splitshops.com\/products\/economics-of-information-biasing-hardcover","provider":"Books by splitShops","version":"1.0","type":"link"}