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Individual Decisions and Group Outcomes

ROBERT V. DODGE

in Schelling's Game Theory: How to Make Decisions

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199857203
eISBN:
9780199932597
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199857203.003.0019
Subject:
Economics and Finance, Behavioural Economics

This chapter begins with a Schelling problem that introduces the themes, “micromotives,” individual's intentions, and “macrobehavior,” which is the aggregate outcome of individual decisions. After ... More


What’s a Reef Worth?

J. Edward Taylor and Mateusz J. Filipski

in Beyond Experiments in Development Economics: Local Economy-wide Impact Evaluation

Published in print:
2014
Published Online:
September 2014
ISBN:
9780198707875
eISBN:
9780191783074
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198707875.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

A coral reef is a non-market good, yet establishing its economic value can be critical to obtain the financing needed to protect it. The economic value of the reef that rings Roatán, Honduras, ... More


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