Explorations in Pragmatic Economics
Selected Papers of George A. Akerlof and Co-Authors
Published on 17. March 2005
Book
Hardback
528 pages
978-0-19-925390-6 (ISBN)
Description
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.
Reviews / Votes
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 *More details
Language
English
Place of publication
Oxford
United Kingdom
Target group
Professional and scholarly
Lecturers, researchers, and graduate students in economics.
Dimensions
Height: 240 mm
Width: 161 mm
Thickness: 33 mm
Weight
951 gr
ISBN-13
978-0-19-925390-6 (9780199253906)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
George Akerlof
Explorations in Pragmatic Economics
Book
03/2005
Oxford University Press
€83.00
Shipment within 15-20 days
George A. Akerlof
Explorations in Pragmatic Economics
E-Book
03/2005
1st Edition
OUP Oxford
€83.99
Available for download
Person
George A. Akerlof is Koshland Professor of Economics at the University of California, Berkeley, and the 2001 Nobel Laureate in Economics.
Content
Introduction ; PART 1: MICROECONOMICS ; 1. The Market for "Lemons": Quality Uncertainty and the Market Mechanism ; 2. The Economics of Caste and of the Rate Race and Other Woeful Tales ; 3. Discriminatory, Status-based Wages among Tradition-oriented, Stochastically Trading Coconut Producers ; 4. Economics and Identity ; 5. The Economics of "Tagging" as Applied to the Optimal Income Tax, Welfare Programs, and Manpower Planning ; 6. An Analysis of Out-of-Wedlock Childbearing in the United States ; 7. Men Without Children ; 8. The Economic Consequences of Cognitive Dissonance ; 9. The Economics of Illusion ; 10. Procrastination and Obedience ; 11. Looting: The Economic Underworld of Bankruptcy for Profit ; PART 2: MACROECONOMICS ; 12. Relative Wages and the Rate of Inflation ; 13. The Microeconomic Foundations of a Flow of Funds Theory of the Demand for Money ; 14. Irving Fisher on his Head: The Consequences of Constant Threshhold-Target Monitoring of Money Holdings ; 15. Jobs as Dam Sites ; 16. Labor Contracts as Partial Gift Exchange ; 17. The Fair Wage-Effort Hypothesis anmd Unemployment ; 18. A Near-Rational Model of the Business Cycle, with Wage and Price Inertia ; 19. The Macroeconomics of Low Inflation ; 20. Behavioral Macroeconomics and Macroeconomic Behavior