{"product_id":"economics-of-information-biasing-monowar-zaman-9781956515367","title":"Economics of Information Biasing","description":"\u003cp\u003eThis book describes a new scientific paradigm of economics that unifies the diverse thoughts of economics to provide a simplified but holistic view of real-world economic and\u003c\/p\u003e\u003cp\u003esocial structures. It goes deep into very fundamental dynamics of rational behavior of economic agents with respect to information sharing amid their diverse self-interests. In\u003c\/p\u003e\u003cp\u003ea real-world economy, the probability of achieving Pareto efficiency for a subset of the population is much higher than for the whole population. This model is enhanced to\u003c\/p\u003e\u003cp\u003edescribe that our market is not uniform but distributed in layers of energy states. Our social and economic institutions can be subjectively modeled as an information biasing\u003c\/p\u003e\u003cp\u003echain where economic agents are positioned in different abstract coalitions according to the interdependence of their payoff functions. The upper layer coalitions virtually\u003c\/p\u003e\u003cp\u003econtrol the institutions for dominance, and they have greater influences on our markets that provoke growth by exhausting energy and other natural resources.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eThis book contains over 100 illustrations. \u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Monowar Zaman\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1956515364\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781956515367\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Global Summit House\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 12\/07\/2021\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 532\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.93lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 1.13d","brand":"Monowar Zaman","offers":[{"title":"Hardcover","offer_id":44077052068095,"sku":"9781956515367","price":56.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_106fd0fe-3c8e-472a-84d9-bec2cba02cb1.jpg?v=1685468061","url":"https:\/\/www.whiterainbookhouse.com\/products\/economics-of-information-biasing-monowar-zaman-9781956515367","provider":"WR Book House","version":"1.0","type":"link"}