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Capital Theory Equilibrum Analysis and Recursive Utility Hardcover English by Robert Becker

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PublisherWiley-Blackwell
ISBN 139781557864130
AuthorRobert Becker
Book FormatHardcover
LanguageEnglish
Book DescriptionIn 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Theory and Equilibrium Analysis and Recursive Utility, Robert Becker and John Boyd have synthesized their previously unpublished work on recursive models.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.

Capital Theory Equilibrum Analysis and Recursive Utility Hardcover English by Robert Becker

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