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The Invisible Hand in Economics

The Invisible Hand in Economics : How Economists Explain Unintended Social Consequences. 経済学における見えざる手 -経済学者による意図せぬ社会的結果の説明-

・ISBN 978-0-415-41783-9 2008 hard GB£ 171.99

¥54,486.- (税込) (※)価格はご注文時の参考価格となります。
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・ISBN 978-0-415-56954-5 2009 paper GB£ 61.99

¥19,638.- (税込) (※)価格はご注文時の参考価格となります。
納品価格につきましては書籍の入荷時点で確定となります。
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電子版あり 大学・学術機関向け電子ブック(eBook)ISBN 978-0-429-24055-3

著者・編者Aydinonat, N. Emrah,
シリーズRoutledge INEM Advances in Economic Methodology
出版社(Routledge, UK)
ページ数256 pp.
言語ENG
ニュース番号<547-126>

解説

This is a book about one of the most controversial concepts in economics: the invisible hand. The author explores the unintended social consequences implied by the invisible hand and discusses the mechanisms that bring about these consequences.
The book questions, examines and explicates the strengths and weaknesses of invisible-hand explanations concerning the emergence of institutions and macro-social structures, from a methodological and philosophical perspective. Aydinonat analyses paradigmatic examples of invisible-hand explanations such as Carl Menger's 'Origin of Money' and Thomas Schelling's famous checkerboard model of residential segregation in relation to contemporary models of emergence of money and segregation. Based on this analysis, he provides a fresh look at the philosophical literature on models and explanation and develops a philosophical framework for interpreting invisible-hand type of explanations in economics and elsewhere. Finally, the author applies this framework to recent game theoretic models of institutions and outlines the way in which they should be evaluated.