Description
| Product ID: | 9780691135052 |
| Product Form: | Hardback |
| Country of Manufacture: | US |
| Title: | The Economics of Inaction |
| Subtitle: | Stochastic Control Models with Fixed Costs |
| Authors: | Author: Nancy L. Stokey |
| Page Count: | 320 |
| Subjects: | Economic theory and philosophy, Economic theory & philosophy |
| Description: | Select Guide Rating Shows how the tools of stochastic control can be applied to dynamic problems of decision making under uncertainty when fixed costs are present. This book provides a treatment of two types of models, impulse and instantaneous control. It is suitable for graduate students and researchers in macroeconomics. |
| Imprint Name: | Princeton University Press |
| Publisher Name: | Princeton University Press |
| Country of Publication: | GB |
| Publishing Date: | 2008-11-09 |
