Sean Holly, Andrew Hughes Hallet, Andrew Hughes Hallett

Optimal Control, Expectations and Uncertainty

• Broschiertes Buch

Produktbeschreibung

An examination of how the rational expectations revolution and game theory have enhanced the understanding of how an economy functions.

Produktdetails

• Verlag: Cambridge University Press
• Seitenzahl: 260
• Erscheinungstermin: 31. Oktober 2009
• Englisch
• Abmessung: 229mm x 152mm x 15mm
• Gewicht: 427g
• ISBN-13: 9780521126335
• ISBN-10: 0521126339
• Artikelnr.: 27379785

Inhaltsangabe

Preface
1. Introduction
2. The theory of economic policy and the linear model
3. Optimal-policy design
4. Uncertainty and risk
5. Risk aversion, priorities and achievements
6. Non-linear optimal control
7. The linear rational-expectations model
8. Policy design for rational-expectations models
9. Non-cooperative, full-information dynamic games
10. Incomplete information, bargaining and social optima
Notes
References
Index.