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Information Choice in Macroeconomics and Finance
Laura L. Veldkamp
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Description for Information Choice in Macroeconomics and Finance
Hardback. Illustrates how information choice is used to answer questions in monetary economics, portfolio choice theory, business cycle theory, international finance, asset pricing, and other areas. This book covers work on topics such as rational inattention, information markets, and strategic games with heterogeneous information. Num Pages: 184 pages, 3 line illus. BIC Classification: KCA; KCB; KCK; KFF. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 242 x 168 x 18. Weight in Grams: 452.
Most theories in economics and finance predict what people will do, given what they know about the world around them. But what do people know about their environments? The study of information choice seeks to answer this question, explaining why economic players know what they know--and how the information they have affects collective outcomes. Instead of assuming what people do or don't know, information choice asks what people would choose to know. Then it predicts what, given that information, they would choose to do. In this textbook, Laura Veldkamp introduces graduate students in economics and finance to this important new ... Read more
Most theories in economics and finance predict what people will do, given what they know about the world around them. But what do people know about their environments? The study of information choice seeks to answer this question, explaining why economic players know what they know--and how the information they have affects collective outcomes. Instead of assuming what people do or don't know, information choice asks what people would choose to know. Then it predicts what, given that information, they would choose to do. In this textbook, Laura Veldkamp introduces graduate students in economics and finance to this important new ... Read more
Product Details
Publisher
Princeton University Press
Number of pages
184
Format
Hardback
Publication date
2011
Condition
New
Weight
449g
Number of Pages
184
Place of Publication
New Jersey, United States
ISBN
9780691142203
SKU
V9780691142203
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Laura L. Veldkamp
Laura L. Veldkamp is associate professor of economics at New York University's Stern School of Business.
Reviews for Information Choice in Macroeconomics and Finance
The book is well structured and well written... Veldkamp does an excellent job combining different streams of the literature of information choice. This book helped me a lot to give a structure to my partial knowledge on imperfect information.
Christian Merkl, Journal of Economics
Christian Merkl, Journal of Economics