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Item Details
Title: CAPITAL THEORY, EQUILIBRIUM ANALYSIS AND RECURSIVE UTILITY
By: Robert Becker, John Boyd
Format: Hardback

List price: £105.95
Our price: £95.36
Discount:
10% off
You save: £10.59
ISBN 10: 1557864136
ISBN 13: 9781557864130
Availability: Usually dispatched within 1-3 weeks.
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Stock: Currently 0 available
Publisher: JOHN WILEY AND SONS LTD
Pub. date: 26 April, 1997
Pages: 350
Description: This work is a synthesis of the authors' work on recursive models. The use of recursive utility emphasizes time-consistent decision-making. It is addressed to all researchers in economic growth, and should be useful to professional economists and graduate students alike.
Synopsis: 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Theory and Equilibrium Analysis and Recursive Utility, Robert Becker and John Boyd have synthesized their previously unpublished work on recursive models.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.
Illustrations: 0
Publication: UK
Imprint: Blackwell Publishers
Returns: Returnable
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