Capital Theory, Equilibrium Analysis and Recursive Utility (Innbundet)

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Forfatter: og
Innbinding: Innbundet
Utgivelsesår: 1997
Antall sider: 350
Forlag: John Wiley and Sons Ltd
Språk: Engelsk
ISBN/EAN: 9781557864130
Kategori: Økonomi og ledelse
Omtale: Capital Theory, Equilibrium Analysis and Recursive Utility
In Capital Theory and Equilibrium Analysis and Recursive Utility, Robert Becker and John Boyd have synthesized their previously unpublished work on recursive models. The use of recursive utility emphasizes time-consistent decision making. This permits a unified and systematic account of economic dynamics based on neoclassical growth theory.The book provides extensive coverage of optimal growth (including endogenous growth), dynamic competitive equilibria, nonlinear dynamics, and monotone comparative dynamics. It is addressed to all researchers in economic growth, and will be useful to professional economists and graduate students alike.

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