Hidden Bibliographic Details
| Other authors / contributors: | Di Bartolomeo, Giovanni, 1969-
Hughes Hallett, Andrew.
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| ISBN: | 9781139776776
1139776770
9781139152372
1139152378
9781283746458
128374645X
9781139779814
1139779818
9781139778299
1139778293
9781107023864
1107023866
1139889117
9781139889117
1139794167
9781139794169
1139783742
9781139783743
1139782800
9781139782807
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| Notes: | Includes bibliographical references and index.
English.
Print version record.
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| Summary: | "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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| Other form: | Print version: Acocella, Nicola, 1939- Theory of economic policy in a strategic context. Cambridge : Cambridge University Press, 2013 9781107023864
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