{"product_id":"economics-of-information-biasing-9781956515350","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\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Global Summit House\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 12\/07\/2021\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9781956515350\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 532\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.55lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 1.07d","brand":"Monowar Zaman","offers":[{"title":"Default Title","offer_id":51798434971829,"sku":"9781956515350","price":39.94,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0473\/0804\/6492\/files\/img_149540d9-cc0c-4faa-884b-9d28bea95867.jpg?v=1758638574","url":"https:\/\/pastforward.org\/products\/economics-of-information-biasing-9781956515350","provider":"Past Forward","version":"1.0","type":"link"}