Macroeconomic Policy Games
Book Details
Format
Paperback / Softback
Book Series
Studies in Empirical Economics
ISBN-10
3642503098
ISBN-13
9783642503092
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint
Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Country of Manufacture
DE
Country of Publication
GB
Publication Date
Apr 15th, 2014
Print length
123 Pages
Product Classification:
Economic theory & philosophyEconomic theory and philosophy
Ksh 16,200.00
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Subject and purpose of the book is the investigation of economic policy issues with the help of non-cooperative game theory. The most important feature of our work is to look at the possible strategic interactions between various economic agents and/or institutions.
Subject and purpose of the book is the investigation of economic policy issues with the help of non-cooperative game theory. The most important feature of our work is to look at the possible strategic interactions between various economic agents and/or institutions. We are also investigating the potential effects on efficiency and welfare if agents act in a strategic way. The method of non-cooperative game theory leads in general to results which differ from that derived in using "traditional" economic theory.
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