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Bounded Rationality in Macroeconomics: The Arne Ryde Memorial Lectures

Author

Listed:
  • Sargent, Thomas J.

    (Hoover Institution, Stanford, California)

Abstract

This is a survey of bounded rationality, an area of theoretical macroeconomics which is receiving increased attention. The book is written by a leading macroeconomist who outlines the issues involved, describes some of the analytic tools that are being used, and shows how they can be applied in a range of models. It points to further potential positive developments of the theory as well as some of its limitations.

Suggested Citation

  • Sargent, Thomas J., 1993. "Bounded Rationality in Macroeconomics: The Arne Ryde Memorial Lectures," OUP Catalogue, Oxford University Press, number 9780198288695.
  • Handle: RePEc:oxp:obooks:9780198288695
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