Optimal Control, Expectations and Uncertainty (Paperback)

Preface; 1. Introduction; 2. The theory of economic policy and the linear model; 3. Optimal-policy design; 4. Uncertainty and risk; 5. Risk aversion, priorities and achievements; 6. Non-linear optimal control; 7. The linear rational-expectations model; 8. Policy design for rational-expectations models; 9. Non-cooperative, full-information dynamic games; 10. Incomplete information, bargaining and social optima; Notes; References; Index.