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Salute to Schelling: Keeping It Human

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  • Daniel B. Klein
  • Tyler Cowen
  • Timur Kuran

Abstract

Thomas Schelling has been one of the, and in many cases the, pioneer in developing the following ideas: coordination concepts, focal points, convention, commitments (including promises and threats) as strategic tactics, the idea that strategic strength may lie in weaknesses and limitations, brinkmanship as the strategic manipulation of risk, speech as a strategic device, tipping points and critical mass, path-dependence and lock-in of suboptimal conventions, self-fulfilling prophecy, repeated interaction and reputation as a basis for cooperation, the multiple self, and self-commitment as a strategic tactic in the contest for self-control.

Suggested Citation

  • Daniel B. Klein & Tyler Cowen & Timur Kuran, 2005. "Salute to Schelling: Keeping It Human," Econ Journal Watch, Econ Journal Watch, vol. 2(1), pages 159-164, April.
  • Handle: RePEc:ejw:journl:v:2:y:2005:i:1:p:159-164
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    Cited by:

    1. Demetry, Marcos, 2017. "Segregation in Urban Areas: A Literature Review," Ratio Working Papers 304, The Ratio Institute.
    2. Boris Salazar, 2007. "Thomas C. Schelling: la paradoja de un economista errante," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 9(17), pages 131-152, July-Dece.

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