修正案
发表于 2025-3-25 04:47:13
Giuseppe Travaglini,Giorgio Calcagnini,Alessandro Bellocchit has therefore been a long time in the making and, needless to say, I in curred many an intellectual debt during this period which I would like to acknowledge here. My thanks go first to Professor J. R. Wilson, who super vised my Masters thesis and who read part of this manuscript in draft, to th
orthodox
发表于 2025-3-25 07:46:24
,Consumption and Certainty,poral budget constraint. The saving decision becomes consumption in the next period, then investment and future production. We explain the meaning of the optimal condition, known as the Euler equation, and consider the role of the interest rate in consumption decisions. Next, we extend the model to
有限
发表于 2025-3-25 13:14:37
,Consumption and Uncertainty in Discrete Time,n, we obtain the well-known result that the level of consumption follows a random walk. When asset returns are uncertain, we show that the allocation of savings among different risky assets depends on the utility function and probability distribution of returns. We then introduce the concept of risk
惊奇
发表于 2025-3-25 18:47:04
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forthy
发表于 2025-3-25 21:50:05
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尽管
发表于 2025-3-26 00:37:16
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无脊椎
发表于 2025-3-26 07:35:45
Classroom Companion: Economicshttp://image.papertrans.cn/n/image/668248.jpg
雄辩
发表于 2025-3-26 08:59:29
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badinage
发表于 2025-3-26 16:03:55
Giuseppe Travaglini,Giorgio Calcagnini,Alessandro Presents a compact and formalized overview of dynamic models in consumption theory.Offers stylized facts and examples to support the results.Provides exercises to guide the reader in their studies
Obloquy
发表于 2025-3-26 19:07:18
978-3-031-54988-5The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl