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Information Choice in Macroeconomics and Finance - by Laura L Veldkamp (Paperback)
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About this item
Highlights
- An authoritative graduate textbook on information choice, an exciting frontier of research in economics and finance Most theories in economics and finance predict what people will do, given what they know about the world around them.
- About the Author: Laura L. Veldkamp is associate professor of economics at New York University's Stern School of Business.
- 184 Pages
- Business + Money Management, Economics
Description
Book Synopsis
An authoritative graduate textbook on information choice, an exciting frontier of research in economics and finance
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
Review Quotes
"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
About the Author
Laura L. Veldkamp is associate professor of economics at New York University's Stern School of Business.Dimensions (Overall): 9.1 Inches (H) x 6.1 Inches (W) x .5 Inches (D)
Weight: .7 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 184
Genre: Business + Money Management
Sub-Genre: Economics
Publisher: Princeton University Press
Format: Paperback
Author: Laura L Veldkamp
Language: English
Street Date: March 7, 2023
TCIN: 87661650
UPC: 9780691248097
Item Number (DPCI): 247-44-0986
Origin: Made in the USA or Imported
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Shipping details
Estimated ship dimensions: 0.5 inches length x 6.1 inches width x 9.1 inches height
Estimated ship weight: 0.7 pounds
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