The basic ideas behind a new approach to modeling money and financial institutions are summarized. A listing is given of a set of interrelated papers on this subject by the author, together with capsule summaries of each which can serve as a guide and introduction to the subject. Various unsolved problems and directions for further research are suggested.
This paper was written to accompany a series of lectures given by Prof. Shubik at IIASA in April and May, 1977