micromotives and macrobehavior

Essay specific features

 

Issue:

Business

 

Written by:

Gregory W

 

Date added:

November 29, 2011

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 710

 

Was viewed:

8641 times

 

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Essay content:

Therefore now we can get to the destination faster and easier. An example of negative externality is someone who refuses to pay the taxes to the government. To save money acts on his own interest behalf, when at the same time his action doesn't benefit societal "bank". That behavior could decrease future potentials for societal development if left ungoverned...
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That behavior could decrease future potentials for societal development if left ungoverned. Shelling introduces coordination as an important aspect of well functioning society. Author considers two kinds of coordination: social contract and government intervention. One meaning is seen in situations like choosing whether to drive on the left or the right lanes...
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