EH.Net Mailing List Archive: HES

HES: Re: RVW--Hoffman_on_Greif: Institutions_and_the_Path_to_the_Modern_Economy:_Lessons_from_Medieval_ Trade

Kevin Quinn (kquinn at cba.bgsu.edu)

Wed Aug 9 10:46:51 EDT 2006

Avner Grief's work is not "mathed-up" Hayek.  His use of game theory allows   
him, inter alia,  to examine the multiple equilibria in "spontaneous   
orders," if you like, something to which Hayek paid very little attention.  
  
Kevin Quinn