„Folk economics“ is the economic ‘theory’ of common sense, and analogously „folk ethics“ is the moral ‘theory’ of …„Folk Economics“ ist die Wirtschafts-‚Theorie‘ und analog ist „Folk Ethics“ die Moral-"Theorie" des gesundes …

Developing a new and highly innovative theory of economic policy, this book deals with conflicts between strategic … Theil to dynamic policy games and from there derives a new theory of economic policy. Its main propositions describe such … devising optimal institutions. The Theory of Economic Policy in a Strategic Context is an essential but accessible tool for …