Laura L. Veldkamp Information Choice in Macroeconomics and Finance (Hardback)

Further Details

Title: Information Choice in Macroeconomics and Finance
Condition: New
Format: Hardback
Author: Laura L. Veldkamp
ISBN-10: 0691142203
EAN: 9780691142203
ISBN: 9780691142203
Publisher: Princeton University Press
Release Date: 09/11/2011
Language: English
Description: 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 research. The book 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. It shows how to build and test applied theory models with information frictions. And it covers recent work on topics such as rational inattention, information markets, and strategic games with heterogeneous information.* 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 * Teaches how to build and test applied theory models with information frictions * Covers recent research on topics such as rational inattention, information markets, and strategic games with heterogeneous information
Genre: Business & Finance
Item Height: 235mm
Item Length: 152mm
Item Weight: 454g
Country/Region of Manufacture: US
Release Year: 2011

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