
This is a survey of bounded rationality, an area of theoretical macroeconomics which is receiving increased attention. The book is written by a leading macroeconomist who outlines the issues involved, describes some of the analytic tools that are being used, and shows how they can be applied in a range of models. It points to further potential positive developments of the theory as well as some of its limitations.
Page Count:
200
Publication Date:
1993-12-30
ISBN-10:
0198288646
ISBN-13:
9780198288640
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