Rajiv Sethi is an economist, currently a professor at Barnard College, Columbia University, and an external professor at the Santa Fe Institute. His research deals with information and beliefs, with particular focus on how stereotypes condition interactions among strangers.
I wrote...
Shadows of Doubt: Stereotypes, Crime, and the Pursuit of Justice
In this book, economists Brendan O’Flaherty and Rajiv Sethi explore how stereotypes can shape the ways crimes unfold and how they contaminate the justice system through far more insidious, pervasive, and surprising paths than previously imagined.
Crime and punishment occur under extreme uncertainty. Offenders, victims, police officers, judges, and jurors make high-stakes decisions with limited information, under severe time pressure. With compelling stories and extensive data on how people act as they commit, prevent, or punish crimes, O’Flaherty and Sethi reveal the extent to which we rely on stereotypes as shortcuts in our decision making. Shadows of Doubtshows how deeply stereotypes are implicated in the most controversial criminal justice issues of our time, and how a clearer understanding of their effects can guide us toward a more just society.
This pioneering book explores the ways in which decentralized, uncoordinated choices by large numbers of people acting independently can give rise to aggregate phenomena that no individual anticipated or wished for, from traffic jams to social segregation.
It is a foundational contribution to what has come to be called complexity science.
"Schelling here offers an early analysis of 'tipping' in social situations involving a large number of individuals." -official citation for the 2005 Nobel Prize
Micromotives and Macrobehavior was originally published over twenty-five years ago, yet the stories it tells feel just as fresh today. And the subject of these stories-how small and seemingly meaningless decisions and actions by individuals often lead to significant unintended consequences for a large group-is more important than ever. In one famous example, Thomas C. Schelling shows that a slight-but-not-malicious preference to have neighbors of the same race eventually leads to completely segregated populations.
This breathtakingly original book examines two interconnected ways in which organizations can be induced to improve performance—abandonment (exit) and complaint (voice).
If exit is too easy, there may not be enough time for voice to operate, and organizations that could have recovered may end up collapsing instead. Loyalty to the organization can slow exit and create space for voice to operate, but not if loyalty is blind and uncritical.
An innovator in contemporary thought on economic and political development looks here at decline rather than growth. Albert O. Hirschman makes a basic distinction between alternative ways of reacting to deterioration in business firms and, in general, to dissatisfaction with organizations: one, "exit," is for the member to quit the organization or for the customer to switch to the competing product, and the other, "voice," is for members or customers to agitate and exert influence for change "from within." The efficiency of the competitive mechanism, with its total reliance on exit, is questioned for certain important situations. As exit often…
Elizabeth Anderson writes with exceptional clarity and precision in ways that are jargon-free and accessible to a broad audience.
In this book she tackles a broad range of important and interconnected issues, including the burdens faced by negatively stereotyped individuals who must spend time and effort to dispel clouds of suspicion, and the proper understanding of meritocracy in selection practices.
More than forty years have passed since Congress, in response to the Civil Rights Movement, enacted sweeping antidiscrimination laws in the Civil Rights Act of 1964, the Voting Rights Act of 1965, and the Fair Housing Act of 1968. As a signal achievement of that legacy, in 2008, Americans elected their first African American president. Some would argue that we have finally arrived at a postracial America, but The Imperative of Integration indicates otherwise. Elizabeth Anderson demonstrates that, despite progress toward racial equality, African Americans remain disadvantaged on virtually all measures of well-being. Segregation remains a key cause of these…
This path-breaking book presents a view of human communication as theater, where speakers choose their words to create desired impressions, and listeners try to interpret speech while guarding against manipulation and deceit.
Strategic interaction and interpretation are central to the argument. In effect, Goffman is examining dynamic games with incomplete information, decades below the formal language for such analyses was developed.
One of the defining works of twentieth-century sociology: a revelatory analysis of how we present ourselves to others
'The self, then, as a performed character, is not an organic thing ... it is a dramatic effect'
How do we communicate who we are to other people? This landmark work by one of the twentieth century's most influential sociologists argues that our behaviour in social situations is defined by how we wish to be perceived - resulting in displays startlingly similar to those of actors in a theatrical performance. From the houses and clothes that we use as 'fixed props' to…
This beautifully written and tightly argued book examines mechanisms that sustain inequality among social groups across generations, which Loury traces primarily to discrimination in contact rather than discrimination in contract.
Contractual discrimination can be addressed by law, but discrimination in contact—in such matters as friendship, marriage, adoption, and residential choice—lies largely outside the scope of state action. Through such channels historical inequality between groups can persist indefinitely, even under formal equality of opportunity.
"Lifts and transforms the discourse on 'race' and racial justice to an entirely new level." -Orlando Patterson
"Intellectually rigorous and deeply thoughtful...An incisive, erudite book by a major thinker." -Gerald Early, New York Times Book Review
Why are black Americans so persistently confined to the margins of society? And why do they fail across so many metrics-wages, unemployment, income levels, test scores, incarceration rates, health outcomes? Known for his influential work on the economics of racial inequality and for pioneering the link between racism and social capital, Glenn Loury is not afraid of piercing orthodoxies and coming to controversial conclusions.…
Few of us take the time to analyze our financial needs and goals to answer that pressing question. In Wealth Odyssey, author Larry R. Frank Sr. uses his extensive financial background to provide a universal road map that will help you determine the wealth you need to support your chosen lifestyle.
Frank discusses such topics as the wealth rule, the earning-spending-saving formula, using debt wisely, and risk management.
Wealth Odyssey is authored to be timeless; it does not matter what the market has done, or will do. This is a practical, no-nonsense guide that will help you develop a personal definition of wealth and create an effective strategy for long-term financial success.
Wealth Odyssey: The Essential Road Map for Your Financial Journey Where Is It You Are Really Trying to Go with Money?
"Frank, a Certified Financial Planner in California, offers a concise, precise guide to "prudent thinking" about personal finances, along with simple tools to estimate how much is required for a comfortable retirement." "A sound guide designed to help people make sensible plans for a successful retirement" - Kirkus book review "First let me tell you Larry Frank knows his stuff. He has a procedure that many will find worth taking the time to implement.” " The book is full of good advice." - Armchair interviews "Larry Frank Sr, gives you a guidebook or "road map" for your financial goals or…
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