Overview

Akerlof illustrates how his 'modern', Nobel Prize-winning methodology of using 'tailor-made' economic models to solve problems differs from the standard, benchmark, all-encompassing general-equilibrium-perfect competition-based methodology.

Full Product Details

Author:   George Akerlof (University of California, Berkeley)
Publisher:   Oxford University Press
Imprint:   Oxford University Press
Dimensions:   Width: 16.30cm , Height: 3.40cm , Length: 24.20cm
Weight:   0.906kg
ISBN:  

9780199253906

ISBN 10:   0199253900
Pages:   528
Publication Date:   17 March 2005
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order  
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

"Introduction Part 1: Microeconomics 1: George A. Akerlof: The Market for ""Lemons"": Quality Uncertainty and the Market Mechanism 2: George A. Akerlof: The Economics of Caste and of the Rate Race and Other Woeful Tales 3: George A. Akerlof: Discriminatory, Status-based Wages among Tradition-oriented, Stochastically Trading Coconut Producers 4: George A. Akerlof and Rachel E. Kranton: Economics and Identity 5: George A. Akerlof: The Economics of ""Tagging"" as Applied to the Optimal Income Tax, Welfare Programs, and Manpower Planning 6: George A. Akerlof, Janet L. Yellen, and Michael L. Katz: An Analysis of Out-of-Wedlock Childbearing in the United States 7: George A. Akerlof: Men Without Children 8: George A. Akerlof and William T. Dickens: The Economic Consequences of Cognitive Dissonance 9: George A. Akerlof: The Economics of Illusion 10: George A. Akerlof: Procrastination and Obedience 11: George A. Akerlof and Paul M. Romer: Looting: The Economic Underworld of Bankruptcy for Profit Part 2: Macroeconomics 12: George A. Akerlof: Relative Wages and the Rate of Inflation 13: George A. Akerlof: The Microeconomic Foundations of a Flow of Funds Theory of the Demand for Money 14: George A. Akerlof: Irving Fisher on his Head: The Consequences of Constant Threshhold-Target Monitoring of Money Holdings 15: George A. Akerlof: Jobs as Dam Sites 16: George A. Akerlof: Labor Contracts as Partial Gift Exchange 17: George A. Akerlof and Janet L. Yellen: The Fair Wage-Effort Hypothesis anmd Unemployment 18: George A. Akerlof and Janet L. Yellen: A Near-Rational Model of the Business Cycle, with Wage and Price Inertia 19: George A. Akerlof, William T. Dickens, George L. Perry: The Macroeconomics of Low Inflation 20: George A. Akerlof: Behavioral Macroeconomics and Macroeconomic Behavior"

Reviews

Explorations in Pragmatic Economics provides that long awaited compilation of favorite hits by Akerlof and his coauthors. ...the book compiles some of the most innovative articles written in the past few decades. It is a must read...for any economist, be it a micro, macro, behavioral, or misbehavioral one. * Leeat Yariv, Journal of Economic Literature, Vol. XLV *

Explorations in Pragmatic Economics provides that long awaited compilation of favorite hits by Akerlof and his coauthors. ...the book compiles some of the most innovative articles written in the past few decades. It is a must read...for any economist, be it a micro, macro, behavioral, or misbehavioral one. Leeat Yariv, Journal of Economic Literature, Vol. XLV

Author Information

George A. Akerlof is Koshland Professor of Economics at the University of California, Berkeley, and the 2001 Nobel Laureate in Economics.

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