reflecting such diverse lines of thought as general equilibrium theory, imperfect competition, Keynesian theory, and rational … methodology he uses is similar in spirit to that of the popular real business cycles theory, but the scope is much wider. All of …

developments, and provides tools with which to analyze policy design. The treatment of growth theory is fully accessible to … students with a background no more advanced than elementary calculus and probability theory; the reader need not master all the …

dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and … macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal …

The explanatory power of economic theory is tested by the phenomenon of irrational consumption, examples of which …

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 Gilboa argues that economic theory has provided a set of powerful … rational choice paradigm—the general conceptualization rather than a particular theory—that survive recent (and well …

Chaos theory has touched on such fields as biology, cognitive science, and physics. By providing a unified and complete … principles of chaos theory can be applied to such areas of economics and finance as the changing structure of stock returns and …