The digital edition of all books may be viewed on our website before purchase. Excerpt from On Intertemporal Preferences With a Continous Time Dimension II: The Case of Uncertainty (Classic Reprint)
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book presents a new approach to understanding the principles of intertemporal choice under uncertainty, where preferences for consumption at different times are treated as nearly perfect substitutes except possibly at discrete times of information arrival. The author challenges standard representations of time-additive utility functions and preferences in consumer theory. Instead, the author uses continuous time models to show how preferences for goods delivered at nearby future dates are almost equal except possibly at times of information surprise. The book explores the implications of this approach for general equilibrium theory, asset valuation by arbitrage, and the properties of prices of long-lived assets in economies populated with agents whose preferences are continuous in time under uncertainty. This book will appeal to researchers and practitioners interested in mathematical economics, microeconomics, and financial economics. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781332273003_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332273003
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332273003
Quantité disponible : 15 disponible(s)
Vendeur : Buchpark, Trebbin, Allemagne
Etat : Hervorragend. Zustand: Hervorragend | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. N° de réf. du vendeur 26076559/1
Quantité disponible : 1 disponible(s)