This is a survey of bounded rationality, an area of theoretical macroeconomics which is receiving increased attention. The book is written by a leading macroeconomist 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 potential positive developments of the theory as well as some of its limitations.
| ISBN: | 9780198288695 |
| Publication date: | 21st October 1993 |
| Author: | Thomas J David Rockefeller Professor of Economics, University of Chicago and Senior Fellow, David Rockefeller Profe Sargent |
| Publisher: | Clarendon Press an imprint of Oxford University Press |
| Format: | Paperback |
| Pagination: | 200 pages |
| Series: | Clarendon Paperbacks |
| Genres: |
Macroeconomics Economic theory and philosophy |