Bounded Rationality in Macroeconomics: The Arne Ryde Memorial Lectures (Clarendon Paperbacks) Book + PRICE WATCH * Amazon pricing is not included in price watch

Bounded Rationality in Macroeconomics: The Arne Ryde Memorial Lectures (Clarendon Paperbacks) Book

Focusing on a new development in economic theory which involves bounded or limited rationality the author describes two laboratory experiments that test versions of his macroeconomic models. He analyzes some promising applications of the methods surveyed as well as their limitations.Read More

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  • Blackwell

    How do people behave in new situations in which previous experience is not useful? The recent changes in Eastern Europe, for example, are unprecedented and there is not an available model on which to base the mechanisms that will govern the...

  • 0198288697
  • 9780198288695
  • Thomas J. Sargent
  • 21 October 1993
  • Clarendon Press
  • Paperback (Book)
  • 200
  • New edition
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