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

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.
Format: eBook
Language:English
Published: London Palgrave Macmillan UK 2005, 2005
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
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
Physical Description:VIII, 166 p online resource
ISBN:9780230513266