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Paperback Dynamic Economic Theory: A Viability Approach Book

ISBN: 3642645429

ISBN13: 9783642645426

Dynamic Economic Theory: A Viability Approach

This book is intended to provide economists with mathematical tools necessary to handle the concepts of evolution under uncertainty and adaption arising in economics, pursuing the Arrow-Debreu-Hahn legacy. It applies the techniques of viability theory to the study of economic systems evolving under contingent uncertainty, faced with scarcity constraints, and obeying various implementation of the inertia principle. The book illustrates how new tools...

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