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Synopsis
This volume demonstrates how monetary and financial organizations in the United States and abroad can be improved through a new addition to traditional monetary policy. Cooperation theory, a system developed from games theory, is shown to provide an appropriate action/reaction approach that can lead to cooperation without abandoning the free market. Institutional, theoretical, and empirical results of game theory, computer simulation, monetary theory, and policy analysis are woven together so that each reinforces the other. The text clearly stresses that although unilateral, noncooperative action may result in short-term advantage for an organization, it ultimately leads to long-term losses for all in the economic system.
Monetary Reform and Cooperation Theory opens with a discussion of cooperation theory. It goes on to address improving the monetary financial organization. Bureaucracy and philosophy are analyzed, along with reform in the banking industry and banking in other countries. The book concludes with issues of international creditors and debtors. This work is full of useful information for the general economist, political scientist, and layman on the complex issue of monetary reform and the positive role cooperation theory can play in this vital process.
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About the Author
GEORGE MACESICH is Professor of Economics at Florida State University, Tallahassee, and Director of the Center for Yugoslav-American Studies, Research, and Exchange. In addition, he is an editorial consultant for several several domestic and foregn professional journals, founding editor of Proceedings and Reports, and author of Monetary Policy and Rational Expectations (Praeger, 1987).
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Monetary Reform and Cooperation Theory (Hardcover)
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Hardcover. Condition: new. Hardcover. This volume demonstrates how monetary and financial organizations in the United States and abroad can be improved through a new addition to traditional monetary policy. Cooperation theory, a system developed from games theory, is shown to provide an appropriate action/reaction approach that can lead to cooperation without abandoning the free market. Institutional, theoretical, and empirical results of game theory, computer simulation, monetary theory, and policy analysis are woven together so that each reinforces the other. The text clearly stresses that although unilateral, noncooperative action may result in short-term advantage for an organization, it ultimately leads to long-term losses for all in the economic system.Monetary Reform and Cooperation Theory opens with a discussion of cooperation theory. It goes on to address improving the monetary financial organization. Bureaucracy and philosophy are analyzed, along with reform in the banking industry and banking in other countries. The book concludes with issues of international creditors and debtors. This work is full of useful information for the general economist, political scientist, and layman on the complex issue of monetary reform and the positive role cooperation theory can play in this vital process. This volume demonstrates how monetary and financial organizations in the United States and abroad can be improved through a new addition to traditional monetary policy. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780275931094
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Hardcover. Condition: new. Hardcover. This volume demonstrates how monetary and financial organizations in the United States and abroad can be improved through a new addition to traditional monetary policy. Cooperation theory, a system developed from games theory, is shown to provide an appropriate action/reaction approach that can lead to cooperation without abandoning the free market. Institutional, theoretical, and empirical results of game theory, computer simulation, monetary theory, and policy analysis are woven together so that each reinforces the other. The text clearly stresses that although unilateral, noncooperative action may result in short-term advantage for an organization, it ultimately leads to long-term losses for all in the economic system.Monetary Reform and Cooperation Theory opens with a discussion of cooperation theory. It goes on to address improving the monetary financial organization. Bureaucracy and philosophy are analyzed, along with reform in the banking industry and banking in other countries. The book concludes with issues of international creditors and debtors. This work is full of useful information for the general economist, political scientist, and layman on the complex issue of monetary reform and the positive role cooperation theory can play in this vital process. This volume demonstrates how monetary and financial organizations in the United States and abroad can be improved through a new addition to traditional monetary policy. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9780275931094
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Gebunden. Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This volume demonstrates how monetary and financial organizations in the United States and abroad can be improved through a new addition to traditional monetary policy.Über den AutorGEORGE MACESICH is Professor of Economics a. Seller Inventory # 446866342
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