The Economics Of Imperfect Knowledge
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Posing a major challenge to economic orthodoxy, Imperfect Knowledge Economics asserts that exact models of purposeful human behavior are beyond the reach of eco
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G.B. Richardson's writings, although from 1953 to 1972, are still very relevant to modern economics. The central theme of this book of his papers is that the kn
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Type: BOOK - Published: 1988 - Publisher: Cambridge University Press
This book provides a systematic presentation of new microeconomic theories of imperfect information.
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Based on lectures given as part of The Stone Lectures in Economics, this book discusses the problem of formulating monetary policy in practice, under the uncert