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An economic theorist’s book of tales : Essays that entertain the consequences of new assumptions in economic theory

These essays explore what happens when a skilful economist makes unconventional assumptions. These essays are substantively and stylistically novel because they break these taboos and bring new assumptions into economic theory. The papers apply this adventurous approach to a wide range of issues - f...

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Detalles Bibliográficos
Autor principal: Akerlof, George A.
Formato: Libro
Lenguaje:Undetermined
Publicado: Cambridge Cambridge University Press 1984
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Sumario:These essays explore what happens when a skilful economist makes unconventional assumptions. These essays are substantively and stylistically novel because they break these taboos and bring new assumptions into economic theory. The papers apply this adventurous approach to a wide range of issues - from insurance markets and trade in underdeveloped countries to unemployment and discrimination. Some of the essays derive the implications for economic markets of costly asymmetric information. Others explore the findings of other social sciences such as anthropology, psychology and sociology