He develops a theory that predicts how such institutions evolve and characterizes their welfare properties.

Neoclassical economics as-sumes that people are highly rational and can reason their way through even the most complex economic problems. In Individual Strategy

Ronald Burt describes the social structural theory of competition that has developed through the last two decades. The contrast between perfect competition and

Brian Skyrms, author of the successful Evolution of the Social Contract (which won the prestigious Lakatos Award) has written a sequel. The book is a study of i

Organizations are ubiquitous, from clubs and associations to firms and public agencies. They confer meaning to all of us, and our attachment to and membership o