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Bounded rationality in macroeconomics

Author: Thomas J Sargent
Publisher: Oxford : Clarendon Press, 1993.
Series: Arne Ryde memorial lectures, 2.
Edition/Format:   Print book
Summary:

Focusing on a new development in economic theory which involves bounded or limited rationality, the author describes two laboratory experiments that test versions of his macroeconomic models. He  Read more...

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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Thomas J Sargent
ISBN: 0198288646 9780198288640 0198288697 9780198288695
OCLC Number: 231589591
Awards: Winner of Thomas J. Sargent is the recipient (with Christopher Sims) of the Nobel Prize in Economics 2011.
Description: XII, 184 S. : ill., graph. Darst.
Series Title: Arne Ryde memorial lectures, 2.
Responsibility: Thomas J. Sargent.

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The presentation is lucid and concise. Most macroeconomist readers will find the chapter on neural networks, genetic algorithms, and artificial intelligence particularly instructive ... Those Read more...

 
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