Articles liés à Time and Money: How Long and How Much Money is Needed...

Time and Money: How Long and How Much Money is Needed to Regulate a Viable Economy - Couverture souple

Livre 109 sur 126: Lecture Notes in Economics and Mathematical Systems

Aubin, Jean-Pierre

 
9783319000046: Time and Money: How Long and How Much Money is Needed to Regulate a Viable Economy
Couverture souple
ISBN 10 : 3319000047 ISBN 13 : 9783319000046
Editeur : Springer, 2013

Synopsis

This authored monograph presents an unconventional approach to an important topic in economic theory. The author is an expert in the field of viability theory and applies this theory to analyze how an economy should be dynamically endowed so that it is economically viable. Economic viability requires an assumption on the joint evolution of transactions, fluctuations of prices and units of numeraire goods: the sum of the “transactions values” and the “impact of price fluctuations” should be negative or equal to zero. The book presents a computation of the minimum endowment which restores economic viability and derives the dynamic laws that regulate both transactions and price fluctuations.
The target audience primarily comprises open-minded and mathematically interested economists but the book may also be beneficial for graduate students.

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Éditeur
Springer
Date d'édition
2013
Langue
anglais
ISBN 10 
3319000047
ISBN 13 
9783319000046
Reliure
Broché
Nombre de pages
164
Coordonnées du fabricant
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