Description: Time and Money : How Long and How Much Money Is Needed to Regulate a Viable Economy, Paperback by Aubin, Jean-Pierre, ISBN 3319000047, ISBN-13 9783319000046, Like New Used, Free shipping in the US 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. Th 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 th may also be beneficial for graduate students.
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Book Title: Time and Money : How Long and How Much Money Is Needed to Regulat
Number of Pages: Xviii, 144 Pages
Language: English
Publication Name: Time and Money : How Long and How Much Money Is Needed to Regulate a Viable Economy
Publisher: Springer International Publishing A&G
Publication Year: 2013
Subject: Economics / General, Time, System Theory, Econometrics, Optimization
Item Weight: 91.1 Oz
Type: Textbook
Subject Area: Mathematics, Science, Business & Economics
Author: Jean-Pierre Aubin
Item Length: 9.3 in
Series: Lecture Notes in Economics and Mathematical Systems Ser.
Item Width: 6.1 in
Format: Trade Paperback
