The Theory of Money and Financial Institutions, Vol. 2

0 avg rating
( 0 ratings by Goodreads )
 
9780262194280: The Theory of Money and Financial Institutions, Vol. 2

This is the second volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy.Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.

"synopsis" may belong to another edition of this title.

About the Author:

Martin Shubik is Seymour Knox Professor of Mathematical Institutional Economics (Emeritus) at Yale University's Cowles Foundation and School of Management.

Review:

"These two volumes, with a gestation period of over thirty years, represent a thorough synthesis of a lifelong dedication to bringing together general equilibrium theory and game theory in conceiving a theory of money and financial economics that would be an abstract reflection of observed financial institutions and actual trading behavior in advanced free-market economics.... Overall, these two volumes form a unique blend of high theory and institutional economics, with very creative links between the two. The whole makes for stimulating, provocative, and enjoyable reading for a broad audience of economists and social scientists." - Rabah Amir, Journal of Institutional and Theoretical Economics"

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Shubik, Martin
Published by The MIT Press (1999)
ISBN 10: 0262194287 ISBN 13: 9780262194280
New Hardcover Quantity Available: 1
Seller
Irish Booksellers
(Rumford, ME, U.S.A.)
Rating
[?]

Book Description The MIT Press, 1999. Hardcover. Book Condition: New. book. Bookseller Inventory # 0262194287

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 54.91
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

2.

Shubik, Martin
Published by The MIT Press
ISBN 10: 0262194287 ISBN 13: 9780262194280
New Hardcover Quantity Available: 1
Seller
Cloud 9 Books
(Wellington, FL, U.S.A.)
Rating
[?]

Book Description The MIT Press. Hardcover. Book Condition: New. 0262194287 New Condition. Bookseller Inventory # NEW6.0110998

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 59.99
Convert Currency

Add to Basket

Shipping: US$ 4.99
Within U.S.A.
Destination, Rates & Speeds

3.

Martin Shubik
Published by The MIT Press (1999)
ISBN 10: 0262194287 ISBN 13: 9780262194280
New Hardcover Quantity Available: 1
Seller
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description The MIT Press, 1999. Hardcover. Book Condition: New. Bookseller Inventory # DADAX0262194287

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 69.06
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

4.

Martin Shubik
Published by Mit Pr (2000)
ISBN 10: 0262194287 ISBN 13: 9780262194280
New Hardcover Quantity Available: 1
Seller
Revaluation Books
(Exeter, United Kingdom)
Rating
[?]

Book Description Mit Pr, 2000. Hardcover. Book Condition: Brand New. 1st edition. 383 pages. 9.25x6.25x1.00 inches. In Stock. Bookseller Inventory # 0262194287

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 109.04
Convert Currency

Add to Basket

Shipping: US$ 7.65
From United Kingdom to U.S.A.
Destination, Rates & Speeds