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The book introduces the New Keynesian framework, historically through a literature overview and through a step-by-step derivation of a New Keynesian Phillips curve, an intertemporal IS curve, and a targeting rule for the central bank. This basic version is then expanded by introducing cost and...
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choices, such as plant location, R and D investment, and new marketing programs. The second novelty is represented by the … choices, but also focuses on the impact of taxation on discrete choices, such as plant location, R and D investment, and new …
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-claims analysis, stochastic game theory, as well as novel numerical methods. The text re-initiates a discussion about the contribution … contingent-claims analysis, stochastic game theory, as well as novel numerical methods. Bridging a widening gap between recent … advances in the theory of financial analysis and current challenges faced by pharmaceutical companies, the text re-initiates a …
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Information Theory with Expected Utility Theory. The book shows how the parameters of Bayes’ theorem can be combined with a value …
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