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Capital Theory Equilibrum Analysis and Recursive Utility by Robert Becker 9781557864130
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Capital Theory Equilibrum Analysis and Recursive Utility by Robert Becker 9781557864130

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Description

In Capital Theory and Equilibrium Analysis and Recursive Utility, Robert Becker and John Boyd have synthesized their previously unpublished work on recursive models. The use of recursive utility emphasizes time-consistent decision making. This permits a unified and systematic account of economic dynamics based on neoclassical growth theory.The book provides extensive coverage of optimal growth (including endogenous growth), dynamic competitive equilibria, nonlinear dynamics, and monotone comparative dynamics. It is addressed to all researchers in economic growth, and will be useful to professional economists and graduate students alike.

Book Information
ISBN 9781557864130
Author Robert Becker
Format Hardback
Page Count 368
Imprint Blackwell Publishers
Publisher John Wiley and Sons Ltd
Weight(grams) 704g

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