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Money, Trust, and Banking : An Integrated Approach to Monetary Theory and Banking Theory - G. Schaefer

Money, Trust, and Banking

An Integrated Approach to Monetary Theory and Banking Theory

By: G. Schaefer

Hardcover | 26 October 2005 | Edition Number 1

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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 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.

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Paperback

Published: 26th October 2005

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