Coordination in economy : an essay on money

This chapter studies the role played by money in the coordination process in a decentralized market economy. The first section recalls the centrality of coordination in economic theory but also, briefly, a few of the difficulties encountered in usual models when they try to integrate money. The second section shows why and how a monetary approach is a consistent and plausible alternative theory to ansmer the aforementioned questions. The third section defines a few guidelines on the problem of viability. With this in mind, questions of monetary ambivalence and permanent conflict between means of private existence and systemic viabiity appear as a consistent research direction.

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Field Value
Source New contributions to monetary analysis
Author Ülgen, Faruk
Maintainer CCSD
Last Updated May 10, 2026, 06:19 (UTC)
Created May 10, 2026, 06:19 (UTC)
Identifier halshs-00847342
Language en
contributor Centre de recherche en économie de Grenoble (CREG) ; Université Pierre Mendès France - Grenoble 2 (UPMF)
creator Ülgen, Faruk
date 2013-05-10T00:00:00
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metadata_modified 2025-09-27T00:00:00
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