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Macroeconomic Policy Games

Macroeconomic Policy Games

Paperback

Series: Studies in Empirical Economics

Economics

ISBN10: 3642503098
ISBN13: 9783642503092
Publisher: Physica-Verlag
Published: Apr 15 2014
Pages: 123
Weight: 0.55
Height: 0.29 Width: 7.00 Depth: 10.00
Language: English
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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Economics