Bemærk: Kan ikke leveres før jul.
Shows how the tools of stochastic control can be applied to dynamic problems of decision making under uncertainty when fixed costs are... Læs mere
Bemærk: Kan ikke leveres før jul.
This rigorous but brilliantly lucid book presents a self-contained treatment of modern economic dynamics. Stokey, Lucas, and Prescott develop the basic methods of recursive analysis and illustrate the many areas where they can usefully be applied.