The Theory of Economic Policy in a Strategic Context
eBook - PDF

The Theory of Economic Policy in a Strategic Context

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

The Theory of Economic Policy in a Strategic Context

Book details
Table of contents
Citations

About This Book

In developing a new and highly innovative theory of economic policy, this book deals with conflicts between strategic actions by public and private agents. It builds on the Lucas critique but also applies the tools introduced by Tinbergen and Theil to dynamic policy games, and from there derives a new theory of economic policy. Its main propositions describe such properties in the models currently used for policy-making as neutrality and equilibrium existence, uniqueness, and multiplicity. These properties are key to understanding the impact of concepts such as rational expectations, time inconsistency, communication and the use of policy announcements. As the numerous examples show, they are useful both for model building and for devising optimal institutions. The Theory of Economic Policy in a Strategic Context is an essential but accessible tool for economic researchers involved in policy questions.

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Yes, you can access The Theory of Economic Policy in a Strategic Context by Nicola Acocella,Giovanni Di Bartolomeo,Andrew Hughes Hallett in PDF and/or ePUB format, as well as other popular books in Economics & Economic Policy. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Cambridge University Press
Year
2012
ISBN
9781139786652
Topic
Economics
Subtopic
Economic Policy
Index
Economics

Table of contents

  1. Cover
  2. The Theory of Economic Policy in a Strategic Context
  3. Title
  4. Copyright
  5. Dedication
  6. Contents
  7. Figures
  8. Tables
  9. Preface
  10. Common symbols
  11. 1 An overview: the realm of economic policy
  12. Part I: The classical theory of economic policy
  13. Part II: From the classical to the new theory of economic policy
  14. Part III: The new theory of economic policy: statics
  15. Part IV: The new theory of economic policy: dynamics
  16. References
  17. Index
  18. Author index