RISK AND UNCERTAINTY IN ECONOMICS

Edited by David G. Dickinson, Director of Money, Banking and Finance and Senior Lecturer, Department of Economics, University of Birmingham, UK and Michael Driscoll, Vice-Chancellor, Middlesex University Business School and Somnath Sen, Head of Department and Reader in Economics, University of Birmingham, UK

• The imagined deemed possible - the germ of the process of history, George Shackle; a wider perspective, John Hey; decision making under complete uncertainty, Richard Barrett and Prasanta Pattanaik; the characteristic function of the Dirichlet and multivariate F distributions, Peter Phillips; bank regulation, uncertainty and business cycles, Andrew Mullineux; uncertainty and monetary policy, Michael Driscoll; precautionary reserves and holding period uncertainty, David Dickinson; the demand for policy loans - an empirical analysis with quarterly Canadian data, Colin Dodds and Atul Dar; testing for market efficiency, David Peel; double moral hazard, buy-back and the debt crisis, Mansoob Murshed; forward-looking behaviour, asset prices and macroeconomic policy, Marcus Miller; monetary neutrality and non-neutrality in disequilibrium models, Somnath Sen.