Money, Trust, and Banking

An Integrated Approach to Monetary Theory and Banking Theory

  • Guido K. Schaefer

Table of contents

  1. Front Matter
    Pages i-viii
  2. Guido K. Schaefer
    Pages 1-4
  3. Guido K. Schaefer
    Pages 5-10
  4. Guido K. Schaefer
    Pages 11-21
  5. Guido K. Schaefer
    Pages 27-32
  6. Guido K. Schaefer
    Pages 33-57
  7. Guido K. Schaefer
    Pages 58-86
  8. Guido K. Schaefer
    Pages 87-107
  9. Guido K. Schaefer
    Pages 138-148
  10. Back Matter
    Pages 155-166

About this book


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.


agents bank banking economic theory microeconomics monetary policy monetary theory money Rating

Authors and affiliations

  • Guido K. Schaefer
    • 1
  1. 1.Vienna University of Economics and Business AdministrationAustria

Bibliographic information