Decentralization In Infinite Horizon Economies
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A01=Mukul Majumdar
Author_Mukul Majumdar
Category=PB
Characterizing Optimality
competitive equilibrium theory
Competitive Program
Consumption Sequence
Decentralization
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
Felicity Function
Finite Horizon Optimality
Free Disposal Assumption
Infinite Horizon
Infinite Horizon Optimality
Infinite Horizon Problem
infinite horizon resource allocation mechanisms
Initial Stocks
Input Stock
Intertemporal Efficiency
intertemporal resource allocation
mathematical economics
Message Space
Multisector Models
Non-empty Compact Subset
Optimal Program
optimality conditions
Step Ii
stochastic dynamic models
Strict Concavity
Strict Convexity
Strict Convexity Assumption
Transversality Condition
Turnpike Property
Unique Positive Solution
Verification Function
Verification Rule
welfare economics
Product details
- ISBN 9780367165819
- Weight: 276g
- Dimensions: 146 x 229mm
- Publication Date: 31 Oct 2022
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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This book summarizes some issues involved in developing a theory of decentralized resource allocation mechanism in infinite horizon economies. It constitutes a definitive account of cutting-edge research on a topic of continuing importance in price theory. .
