Rational Ritual: Culture, Coordination, and Common Knowledge
| Author | : | |
| Rating | : | 4.92 (787 Votes) |
| Asin | : | B00ZS5NKSG |
| Format Type | : | |
| Number of Pages | : | 473 Pages |
| Publish Date | : | 2015-09-04 |
| Language | : | English |
DESCRIPTION:
For instance people watching the Super Bowl know that many others are seeing precisely what they see and that those people know in turn that many others are also watching. Michael Chwe applies this insight with striking erudition to analyze a range of rituals across history and cultures. In a new afterword, Chwe delves into new applications of common knowledge both in the real world and in experiments and considers how generating common knowledge has become easier in the digital age.. By using a rational-choice argument to explain diverse cultural practices, Chwe argues for a close reciprocal relationship between the perspectives of rationality and culture. Why do Internet, financial service, and beer commercials dominate Super Bowl advertising? How do political ceremonies establish authority? Why does repetition characterize anthems and ritual speech? Why were circular forms favored for public festivals during the French Revolution? This book answers these questions using a single concept: common knowledge. Members must have knowledge of each other, knowledge of that knowledge, knowledge of the knowledge of that knowledge, and so on. Each p
Amazon Customer said Four Stars. A good book.. Sean Everton said Nice Extension of Game Theory. This book is a nice extension of game theory into the area of culture and ritual. Some of Chwe's arguments seem a bit of a stretch, but I think his basic premise is sound.. "I now consider this book to be one of my best "secret weapons" when thinking about business tactics and strategy" according to Mark T.. This is an interesting and compelling book. Although it is not really written as a marketing or business text, it has much to offer in those areas. The ideas in the book form a tool set that can be used to explain why successful companies do the things