Bounded rationality in macroeconomics: the arne ryde memorial lectures

Auteur :
Sargent
Éditeur :
Oxford University Press
ISBN :
9780198288695
Date de publication :
21 oct. 1993
Dimensions :
21,6 x 13,8 x 1,5 cm
Poids :
301 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Focusing on a new development in economic theory which involves bounded or limited rationality, the author describes two laboratory experiments that test versions of his macroeconomic models. He analyzes some promising applications of the methods surveyed, as well as their limitations.