New Books in Economics

Dovev Lavie, "The Cooperative Economy: A Solution to Societal Grand Challenges" (Routledge, 2023)

13 snips
Mar 27, 2026
Dovev Lavie, a strategy professor and author, outlines a digital, community-driven cooperative economy to tackle inequality, platform power, data loss, and overconsumption. He discusses algorithmic price subsidization, consumption and profit limits, privacy-preserving income categories, local prioritization, and how a voluntary platform could scale community by community.
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INSIGHT

Design Systems To Fit Human Nature

  • Humans are heterogeneous: some are selfish, some prosocial, most conditional cooperators.
  • Lavie proposes designing institutions so conditional majorities adopt prosocial norms without needing to 'fix' personalities.
ANECDOTE

Algorithms Make Cooperative Choices Practical

  • Lavie says algorithms make cooperative decision-making tractable by finding optimal solutions aligned with agreed design principles.
  • He argues machine learning can adapt parameters dynamically once stakeholders agree on goals.
ADVICE

Build A Social Digital Marketplace

  • Build a digital cooperative platform prioritizing equality, sustainability, and community-level exchange.
  • Include price subsidization, barter/donations, and two-sided markets to embed social responsibility for all stakeholders.
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