Dynamic preferences, choice mechanisms, and welfare /
This book surveys the literature on intertemporal utility and provides a fundamental analysis of dynamic decision making. In the survey part a comprehensive classification system is introduced which allows for a coherent organization of the heterogenous literature on intertemporal utility. The secon...
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| Format: | eBook |
| Language: | English |
| Published: |
Berlin ; New York :
Springer,
[1998]
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| Series: | Lecture notes in economics and mathematical systems ;
462. |
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | This book surveys the literature on intertemporal utility and provides a fundamental analysis of dynamic decision making. In the survey part a comprehensive classification system is introduced which allows for a coherent organization of the heterogenous literature on intertemporal utility. The second part addresses fundamental aspects of intertemporal desicion making. Special attention is paid to "dynamic choice mechanisms". These mechanisms are rules which transform an individual`s intertemporal sequence of preferences into actual decisions. |
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| Item Description: | Electronic resource. |
| Physical Description: | 1 online resource (xii, 226 pages) : illustrations |
| Bibliography: | Includes bibliographical references (pages [205]-217). |
| ISBN: | 9783642588792 (electronic bk.) 3642588794 (electronic bk.) |