Bounded Rationality in Macroeconomics The Arne Ryde Memorial Lectures |
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Author:
| Sargent, Thomas J. |
Series title: | Arne Ryde Memorial Lectures |
ISBN: | 978-0-19-828869-5 |
Publication Date: | Dec 1995 |
Publisher: | Oxford University Press
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Book Format: | Paperback |
List Price: | AUD $132.95AUD $120.86 |
Book Description:
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This is a survey of bounded rationality, an area of theoretical macroeconomics which is receiving increased attention. The book is written by a leading macroeconomists who outlines the issues involved, describes some of the analytic tools that are being used and shows how they can be applied in a range of models. It points to further potentual positive developments of the theory as well as some of its limitations.
This is a survey of bounded rationality, an area of theoretical macroeconomics which is receiving increased attention. The book is written by a leading macroeconomists who outlines the issues involved, describes some of the analytic tools that are being used and shows how they can be applied in a range of models. It points to further potentual positive developments of the theory as well as some of its limitations.