The Economics of Inaction : Stochastic Control Models with Fixed Costs /

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In economic situations where action entails a fixed cost, inaction is the norm. Action is taken infrequently, and adjustments are large when they occur. Interest in economic models that exhibit ''lumpy'' behavior of this kind has exploded in recent years, spurred by growing evide...

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Detalles Bibliográficos
Autor principal: Stokey, Nancy L. (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton : Princeton University Press, 2009.
Colección:Book collections on Project MUSE.
Temas:
Stochastische modellen.
Econometrische modellen.
Econometric models.
Brownian movements.
BUSINESS & ECONOMICS > Economics > Theory.
Mouvement brownien.
Modeles econometriques.
Electronic books.
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Preface; 1 Introduction; I: Mathematical Preliminaries; II: Impulse Control Models; III: Instantaneous Control Models; IV: Aggregation; References; Index

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