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adding to the existing thought in this area, with insights from game theory, rational choice under uncertainty and new …
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"Presenting innovative modelling approaches to the analysis of fiscal policy and government debt, this book moves beyond previous models that have relied upon the assumption that various age-specific rates and policy variables remain unchanged when it comes to generating government expenditures...
Persistent link: https://www.econbiz.de/10012416712
Recently there has been a resurgence of interest in the study of optimal monetary policy under uncertainty. This book provides a thorough survey of the literature that has resulted from this renewed interest. The authors ground recent contributions on the 'science of monetary policy' in the...
Persistent link: https://www.econbiz.de/10012420009
This book presents an up-to-date overview of the theory as well as the empirics of the relationship between investment … investment theory, professionals in the financial sector and students of macroeconomics and finance. Investment, Capital Market …
Persistent link: https://www.econbiz.de/10014473824
In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under … arrive at an alternative to the neoclassical theory of investment. Professor Gordon demonstrates that the extension of … neoclassical theory to deal with uncertainty and risk aversion is based upon a string of assumptions which are empirically false …
Persistent link: https://www.econbiz.de/10014473927
Economics of Ecological Resources presents new or recently published work on ecological economies, sustainability, poverty, resource degradation and decision-making under uncertainty. The book explores the allocation of resources in jointly determined ecological-economic systems. An introductory...
Persistent link: https://www.econbiz.de/10014473971