The Theory of Money
Working Papers from Santa Fe Institute
The basic role of fiat money in a dynamic economy is considered. Its role as a virtual asset whose store of value properties are the outcome of the dynamics is explored and the role of the limits on the money supply and the bankruptcy laws in bounding prices are considered. The actions of the government may serve to bound individual expections.
Keywords: Agent-based computational economics; evolution of norms. (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mon
References: Add references at CitEc
Citations: Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Working Paper: The Theory of Money (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wop:safiwp:00-03-021
Access Statistics for this paper
More papers in Working Papers from Santa Fe Institute Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().