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Macroeconomic Policy Games

Macroeconomic Policy Games

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783642503078
Condition
New
Product Description

Subject and purpose of the book is the investigation of economic policy issues with the help of non-cooperative game theory. The most important feature of our work is to look at the possible strategic interactions between various economic agents and/or institutions. We are also investigating the potential effects on efficiency and welfare if agents act in a strategic way. The method of non-cooperative game theory leads in general to results which differ from that derived in using "traditional" economic theory.

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