Bounded Rationality in Macroeconomics
The Arne Ryde Memorial Lectures
Paperback
Print on Demand | Lieferzeit: Print on Demand - Lieferbar innerhalb von 3-5 Werktagen I
103,87 €*
Alle Preise inkl. MwSt.|Versandkostenfrei
ISBN-13:
9780198288695
Veröffentl:
1993
Einband:
Paperback
Erscheinungsdatum:
01.11.1993
Seiten:
200
Autor:
Thomas J. Sargent
Gewicht:
259 g
Format:
216x140x11 mm
Sprache:
Englisch
Beschreibung:
How do people behave in new situations in which previous experience is not useful? The recent changes in Eastern Europe, for example, are unprecedented and there is not an available model on which to base the mechanisms that will govern the economics in this region. The concept of "bounded (or limited) rationality" is being developed to analyze behavior in such situations. In this book Thomas Sargent describes and interprets the recent work in the area, especially in statistics, econometrics, networks and artificial intelligence. He focuses on examples designed to illustrate the issues involved and the kinds of questions that are being asked and answered in this research. He points to further potential positive developments of the theory as well as some of its limitations.
Kunden Rezensionen
Mehr zum Thema
Folgen Sie uns auf:
