The effects of uncertainty on optimal consumption

Article Abstract:

The impact of asset return uncertainty on consumption is examined in detail, including the role of the precautionary motive.

Author: Mason, Robin, Wright, Stephen
Research, Economic research, Consumption (Economics), Uncertainty

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An illustration of the essential difference between individual and social learning, and its consequences for computational analysis

Article Abstract:

Evolutionary game theory can provide insights into the spite effect and differences between social and individual learning.

Author: Vriend, Nicolaas J.
Learning, Game theory

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Subjects list: Analysis, Economic aspects, Economics
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