图书标签: 金融 经济学 经济 econ Finance 经济,政治和历史 Macroeconomics Economics
发表于2024-11-24
Information Choice in Macroeconomics and Finance pdf epub mobi txt 电子书 下载 2024
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
Laura L. Veldkamp is associate professor of economics at New York University's Stern School of Business.
Review
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
"This book synthesizes and extends recent research on the role that imperfect and dispersed information plays in macroeconomics and finance. By way of many examples and applications, Laura Veldkamp forcefully argues that research in this area should more strongly emphasize how information is produced and exchanged, and how agents choose their information. The book discusses new modeling approaches and new applications, draws many connections between different topics, and covers new techniques. While covering this new theoretical ground, Veldkamp insists on explaining stylized facts, addressing empirical puzzles, and generating testable predictions."―Pierre-Olivier Weill, University of California, Los Angeles
From the Inside Flap
"This book synthesizes and extends recent research on the role that imperfect and dispersed information plays in macroeconomics and finance. By way of many examples and applications, Laura Veldkamp forcefully argues that research in this area should more strongly emphasize how information is produced and exchanged, and how agents choose their information. The book discusses new modeling approaches and new applications, draws many connections between different topics, and covers new techniques. While covering this new theoretical ground, Veldkamp insists on explaining stylized facts, addressing empirical puzzles, and generating testable predictions."--Pierre-Olivier Weill, University of California, Los Angeles
From the Back Cover
"This book synthesizes and extends recent research on the role that imperfect and dispersed information plays in macroeconomics and finance. By way of many examples and applications, Laura Veldkamp forcefully argues that research in this area should more strongly emphasize how information is produced and exchanged, and how agents choose their information. The book discusses new modeling approaches and new applications, draws many connections between different topics, and covers new techniques. While covering this new theoretical ground, Veldkamp insists on explaining stylized facts, addressing empirical puzzles, and generating testable predictions."--Pierre-Olivier Weill, University of California, Los Angeles
想不到是我读的最多的书
评分A concise and timely monograph on information choice in strategic complementary as well as substitutiary games with extensive suggestions for further applications.
评分神作,不用多解释了。我对信息选择这个研究领域的兴趣,就是从这本书开始的。
评分A concise and timely monograph on information choice in strategic complementary as well as substitutiary games with extensive suggestions for further applications.
评分第二遍
评分
评分
评分
评分
Information Choice in Macroeconomics and Finance pdf epub mobi txt 电子书 下载 2024