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provides surveys of significant results of the theory of optimal growth, as well as the techniques of dynamic optimization … theory on which they are based. Armed with the results and methods of this theory, a researcher will be in an advantageous …"The problem of efficient or optimal allocation of resources is a fundamental concern of economic analysis. The theory …
Persistent link: https://www.econbiz.de/10013520538
In August 2005, a small but important conference took place at Chuo University in Tokyo, Japan. The Chuo Meeting on Economics of Time and Space 2005 (Chuo METS 05) aimed to enrich the respective disciplines of the economics of time (dynamic economics) and the economics of space (spatial...
Persistent link: https://www.econbiz.de/10013520695
This book sheds new light on long-established concepts of microeconomic production theory and combines general … theoretical analysis with references to management tools. It deals with concepts of microeconomic production theory, using the …This book deals with concepts of microeconomic production theory, using the fund-flow model of Nicholas Georgescu …
Persistent link: https://www.econbiz.de/10013520703
Here, two highly experienced authors present an alternative approach to optimal stopping problems. The basic ideas and techniques of the approach can be explained much simpler than the standard methods in the literature on optimal stopping problems. The monograph will teach the reader to apply...
Persistent link: https://www.econbiz.de/10013520707
studied by now. This appears not to be the case. This book contains the latest insights into the theory of Giffen goods. In …
Persistent link: https://www.econbiz.de/10014015565
Consumption -- Organization—protection and restriction -- Production Theory- Individuals and Manufacturers -- Analyze of Economic … the demand and supply side, a fascinating question for economists. In this context, it systematically analyzes the theory …. That oversight is remedied here, greatly enhancing the usefulness of economic growth theory. Factors influencing …
Persistent link: https://www.econbiz.de/10014017068
Preliminaries -- and Overview -- Demand Theory Under Review -- Quantile Regression: A Robust Alternative to Least … the emerging connection between neuroscience and consumer behavior, integrating the economic literature on demand theory … resource for any researcher, student or professional economist working on consumer behavior or demand theory, as well as …
Persistent link: https://www.econbiz.de/10013521285
This book offers a novel perspective that allows to incorporate changing consumption and production structure into models of economic growth. Starting from the empirical observation that income and consumption structure are closely related, it develops a tractable theoretical framework which...
Persistent link: https://www.econbiz.de/10013520497
Today, the most pressing challenges for public economics are of macroeconomic nature: pensions, debt, income distribution, and fiscal sustainability. All these problems are compounded by the phenomenon of demographic transition and aging. This graduate textbook addresses these issues with the...
Persistent link: https://www.econbiz.de/10012397071
policy, and political economy. The book merges macroeconomic growth models with elements of political economic theory to …
Persistent link: https://www.econbiz.de/10012397691