"Consumption expenditures by households in the United States acccount for about 70% of America's GDP. The primary focus in this book is on how households adjust these expenditures in response to changes in prices and income." -- Back cover

After having given a brief overview of important applications of recursive programming models which aim at partial optimization in economic dynamics: we present a reduced version of a type of recursive regional and sectoral allocation models suggested by Rainer Thoss. Then we discuss the...