Modeling and control of economies in the European Monetary Union

被引:0
|
作者
Behrens, DA [1 ]
机构
[1] Univ Klagenfurt, Dept Econ, A-9020 Klagenfurt, Austria
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中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
This paper will show how to use a stylized game-theoretic model of the European Monetary Union to obtain insights about policy recommendations for decision-makers in the European Central Bank and the governments in Euroland. By means of the OPTGAME 2.0 algorithm we will explain why different solution concepts for the dynamic game between the ECB and the national fiscal policies result in conflicts and how they can be resolved.
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页码:1077 / 1082
页数:6
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