Rational Conflict

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Rational Conflict image
ISBN-10:

0631166068

ISBN-13:

9780631166061

Released: Jan 01, 1991
Publisher: Blackwell Pub.
Format: Hardcover, 288 pages

Description:

The study of economic rationality is attracting increasing attention from other disciplines as well as continuing to be the subject of debate within economics. At its heart is the notion that, in a situation of choice or confrontation, knowledge of an individual's desires and beliefs will allow their actions to be predicted. Yanis Varoufakis argues that this is an ideal abstraction which is both inapplicable and ineffective. Using examples from industrial relations, diplomacy, hostage crises and the law, he shows that it is impossible to quantify the aspirations of individuals in these conflicts, and that traditional theory ignores both the wider context and the history of similar cases.

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