eBook - ePub

Information Choice in Macroeconomics and Finance

Name: Information Choice in Macroeconomics and Finance
ISBN: 9781400840496

Laura L. Veldkamp,

184 pages
English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

Information Choice in Macroeconomics and Finance

Laura L. Veldkamp,

About this book

An authoritative graduate textbook on information choice, an exciting frontier of research in economics and finance

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

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Yes, you can access Information Choice in Macroeconomics and Finance by Laura L. Veldkamp in PDF and/or ePUB format, as well as other popular books in Economics & Finance. We have over one million books available in our catalogue for you to explore.