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Explorations in Pragmatic Economics

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ISBN-10: 0199253919

ISBN-13: 9780199253913

Edition: 2003

Authors: George A. Akerlof

List price: $72.00
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For twenty years since the publication of his seminal paper "The Market for 'Lemons'", George A. Akerlof's work has changed the way we see economics. This collection of Akerlof's most important papers provide both an introduction to Akerlof's work and a grounding in modern economics. Divided into two broad areas, micro- and macroeconomics, they cover the economics of information; the theory of unemployment; macroeconomic equilibria; the demand for money; psychology and economics; and the nature of discrimination and other social issues. Akerlof's substantial introduction to this volume tells the story of these papers, connecting them and showing how his later work has built upon his early…    
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Book details

List price: $72.00
Copyright year: 2003
Publisher: Oxford University Press, Incorporated
Publication date: 6/2/2005
Binding: Paperback
Pages: 528
Size: 6.18" wide x 9.25" long x 1.14" tall
Weight: 1.606

George Arthur Akerlof is an American economist and Koshland Professor of Economics at the University of California, Berkeley. Akerlof received his Bachelor's degree from Yale University in 1962, and his Ph.D. from MIT in 1966, and has taught at the London School of Economics. Akerlof won the 2001 Nobel Prize in Economics (shared with Michael Spence and Joseph E. Stiglitz). and is perhaps best known for his article, "The Market for Lemons: Quality Uncertainty and the Market Mechanism", published in Quarterly Journal of Economics in 1970. Akerlof's authored book titles include: An Economic Theorist's Book of Tales (Cambridge University Press, 1984), Explorations in Pragmatic Economics (Oxford…    

Introduction
Microeconomics
The Market for ""Lemons"": Quality Uncertainty and the Market Mechanism
The Economics of Caste and of the Rate Race and Other Woeful Tales
Discriminatory, Status-based Wages among Tradition-oriented, Stochastically Trading Coconut Producers
Economics and Identity
The Economics of ""Tagging"" as Applied to the Optimal Income Tax, Welfare Programs, and M