Macroeconomic Policy Games
ISBN:
978-3-642-50309-2
Auflage:
1995
Verlag:
Physica
Land des Verlags:
Deutschland
Erscheinungsdatum:
15.04.2014
Herausgeber:
Reihe:
Studies in Empirical Economics
Format:
Softcover
Seitenanzahl:
123
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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.
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.
