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Time and Money : How Long and How Much Money Is Needed to Regulate a Viable E...

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, Brand New, 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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Time and Money : How Long and How Much Money Is Needed to Regulate a Viable E...

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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

Publication Name: Time and Money : How Long and How Much Money Is Needed to Regulate a Viable Economy

Language: English

Publisher: Springer International Publishing A&G

Subject: Economics / General, Time, System Theory, Econometrics, Optimization

Publication Year: 2013

Type: Textbook

Item Weight: 91.1 Oz

Item Length: 9.3 in

Author: Jean-Pierre Aubin

Subject Area: Mathematics, Science, Business & Economics

Item Width: 6.1 in

Series: Lecture Notes in Economics and Mathematical Systems Ser.

Format: Trade Paperback

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