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Money, Trust, and Banking : An Integrated Approach to Monetary Theory and Banking Theory /

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This book shows how money and banks emerge to efficiently address problems of trust between economic agents. The analysis offers an innovative approach for integrating monetary theory, banking theory, and standard economic theory in a game theoretical framework. The unified perspective of the book c...

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Bibliographic Details
Main Author: Schaefer, Guido K. (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2005.
Subjects:
Economics.
Banking.
Economic Theory/Quantitative Economics/Mathematical Methods.
Macroeconomics/Monetary Economics//Financial Economics.
Banks and banking.
Macroeconomics.
Electronic books.
Online Access:Connect to the full text of this electronic book
Description
Summary:This book shows how money and banks emerge to efficiently address problems of trust between economic agents. The analysis offers an innovative approach for integrating monetary theory, banking theory, and standard economic theory in a game theoretical framework. The unified perspective of the book contributes to a better understanding of the microeconomic foundations of monetary policy and banking. It emphasizes the importance of trust supported by credible institutional structures in the financial industry.
Item Description:Electronic resource.
Physical Description:1 online resource (VIII, 166 pages)
ISBN:9780230513266
DOI:10.1057/9780230513266