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Dynamic Economic Theory: A Viability Approach Softcover Repri Edition
Contributor(s): Aubin, Jean-Pierre (Author)
ISBN: 3642645429     ISBN-13: 9783642645426
Publisher: Springer
OUR PRICE:   $52.24  
Product Type: Paperback
Published: November 2013
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Economics - Theory
- Mathematics | Number Systems
- Business & Economics | Finance - General
Dewey: 330.1
Series: Studies in Economic Theory
Physical Information: 1.09" H x 6.14" W x 9.21" (1.65 lbs) 510 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
This book is intended to provide economists with mathematical tools necessary to handle the concepts of evolution under uncertainty and adaption arising in economics, pursuing the Arrow-Debreu-Hahn legacy. It applies the techniques of viability theory to the study of economic systems evolving under contingent uncertainty, faced with scarcity constraints, and obeying various implementation of the inertia principle. The book illustrates how new tools can be used to move from static analysis, built on concepts of optima, equilibria and attractors to a contingent dynamic framework.