Isbn: 9781108468824 - the theory of economic policy in a strategic context (7 Ergebnisse)

Paperback. Zustand: Like New. First Edition. Firm, square and tight, just showing a few very mild rubs. Hence a non-text page is stamped 'damaged'. Despite such this book looks and feels unread and is actually in nearly new condition. Thus the contents are crisp and fresh. Now offered for sale at a special bargain price.…

Zustand: New. In English.

Paperback. Zustand: Brand New. reprint edition. 448 pages. 10.87x8.54x0.83 inches. In Stock.

Zustand: New. 2018. Reprint. Paperback. . . . . . Books ship from the US and Ireland.

Paperback. Zustand: Brand New. reprint edition. 448 pages. 10.87x8.54x0.83 inches. In Stock.

Zustand: New. This new theory of economic policy accommodates and responds to conflicts between strategic actions by public and private agents. It is an essential tool for understanding the real impact of policy neutrality, rational expectations, time inconsistency and p.

Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - In developing a new and highly innovative theory of economic policy, this book deals with conflicts between strategic actions by public and private agents. It builds on the Lucas critique but also applies the tools introduced by Tinbergen and Theil to dynamic policy games, and from there derives a new theory of economic policy. Its main propositions describe such properties in the models currently used for policy-making as neutrality and equilibrium existence, uniqueness, and multiplicity. These properties are key to understanding the impact of concepts such as rational expectations, time inconsistency, communication and the use of policy announcements. As the numerous examples show, they are useful both for model building and for devising optimal institutions. The Theory of Economic Policy in a Strategic Context is an essential but accessible tool for economic researchers involved in policy questions.…