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Collected Papers in Theoretical Economics (Volume II)

Kaushik Basu (Author)
Synopsis The rise of game theory around the middle of the twentieth century has profoundly affected the way economic theory is practised. Game theory provides a general analytical tool for theorizing on parts of the economy where strategic considerations loom large. This volume is a collection of Kaushik Basu's papers on game theory and, more generally, strategic analysis. It includes papers in both pure and applied theory. The theoretical papers lay greater emphasis on the philosophical foundations of rational and strategic behaviour rather than on the mathematical basis of game theory. They deal with questions such as: can social order be achieved entirely through the pursuit of selfish individual aims or are social norms and a commitment to some deontic principles necessary? What role does higher knowledge of interpersonal rationality play in guiding human behaviour? The applied papers range over topics in the organization and modelling of government behaviour, topics in industrial organization theory, such as entry deterrence, psychology and pricing, and collusion and antitrust legislation. This collection will be of immense interest to professional economists, students of economics, policy-makers, and economic journalists.
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About the author

Kaushik Basu

Kaushik Basu is Carl Marks Professor of Economics at Cornell University.  He has been Professor of Economics at the Delhi School of Economics and has to his credit a large number of monographs, edited volumes, and essay collections (including Economic Graffiti and Of People, Of Places).  ‘Kaushik Basu is that triply rare being-an Indian intellectual who is open-minded, an economic theorist who is interested in human beings, and an American academic who has a sense of style.  These, and many other, gifts are on display in this richly readable collection of essays.  In prose that is always elegant and often witty, Basu throws fresh light here on themes of compelling importance to India and the world-the role of the market, the relations between states, the perils and promises of globalization.’

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Bibliographic information

Title Collected Papers in Theoretical Economics (Volume II)
Author Kaushik Basu
Format Hardcover
Date published: 01.01.2005
Edition 1st ed.
Language: English
isbn 019566762X
length vi+217p., Figures; 25cm.