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Economics for Policymaking: Selected Essays of Arthur M. Okun

Okun, Arthur M. - The MIT Press

Arthur Okun - teacher at Yale in the 1950s, member and later Chairman of the President's Council of Economic Advisors in the 1960s, and Fellow of the Brookings Institution throughout the 1970s - was one of the three or four most important macroeconomists of the past twenty years. He was perhaps...

Persistent link: https://www.econbiz.de/10005237326

The Failure of Judges and the Rise of Regulators

Shleifer, Andrei - The MIT Press

Government regulation is ubiquitous today in rich and middle-income countries--present in areas that range from workplace conditions to food processing to school curricula--although standard economic theories predict that it should be rather uncommon. In this book, Andrei Shleifer argues that...

Persistent link: https://www.econbiz.de/10010535212

The Craft of Economics: Lessons from the Heckscher-Ohlin Framework

Leamer, Edward E. - The MIT Press

competition into an opportunity to consider the craft of economics: what economists do, what they should do, and what they shouldn …-driven economics needs more prose and less math. Leamer shows that the Heckscher–Ohlin framework is still useful, and that there is …

Persistent link: https://www.econbiz.de/10010535226

Optimal Control Theory with Applications in Economics

Weber, Thomas A. - The MIT Press

This book bridges optimal control theory and economics, discussing ordinary differential equations, optimal control … introduction to the use of optimal control theory for deterministic continuous-time systems in economics. The theory of ordinary …

Persistent link: https://www.econbiz.de/10010535230

Midbrain Mutiny: The Picoeconomics and Neuroeconomics of Disordered Gambling: Economic Theory and Cognitive Science

Ross, Don; Sharp, Carla; Vuchinich, Rudy E.; Spurrett, David - The MIT Press

The explanatory power of economic theory is tested by the phenomenon of irrational consumption, examples of which include such addictive behaviors as disordered and pathological gambling. Midbrain Mutiny examines different economic models of disordered gambling, using the frameworks of...

Persistent link: https://www.econbiz.de/10010535236

Rational Choice

Gilboa, Itzhak - The MIT Press

This book offers a rigorous, concise, and nontechnical introduction to some of the fundamental insights of rational choice theory. It draws on formal theories of microeconomics, decision making, games, and social choice, and on ideas developed in philosophy, psychology, and sociology. Itzhak...

Persistent link: https://www.econbiz.de/10008632727

Recursive Macroeconomic Theory, Third Edition

Ljungqvist, Lars; Sargent, Thomas J. - The MIT Press

model. The book is suitable for both first- and second-year graduate courses in macroeconomics and monetary economics. Most …

Persistent link: https://www.econbiz.de/10010640600

Theory for Economic Efficiency: Essays in Honor of Abba P. Lerner

Greenfield, Harry I. (contributor); … - The MIT Press

Paul Samuelson once noted that "Abba Lerner has been a great theoretical economist in a vintage epoch for theorists. This last third of a century he has poured out one brilliant paper after another-in micro theory and macro, in pure thought, and in the realms of policy." Lerner's colleagues at...

Persistent link: https://www.econbiz.de/10005756510

Economic Theory and Cognitive Science: Microexplanation

Ross, Don - The MIT Press

In this study, Don Ross explores the relationship of economics to other branches of behavioral science, asking, in the … course of his analysis, under what interpretation economics is a sound empirical science. The book explores the relationships … economics—the cognitive and behavioral sciences. It asks whether the increasingly sophisticated techniques of microeconomic …

Persistent link: https://www.econbiz.de/10005756550

The Collected Scientific Papers of Paul Samuelson

Samuelson, Paul A. - The MIT Press

. Volume 6 offers essays on classical economics; neoclassical, Marxian, and Sraffian economics; modern macroeconomics; welfare … and efficiency economics; and economic and scientific theories. Volume 7 covers stochastic theory; modern economic policy …

Persistent link: https://www.econbiz.de/10008919679