A simple discrete-time approximation of continuous-time bubbles

Article Abstract:

Incomplete bursting bubbles, which are classified as rational bubbles, are utilized to analyze the relationship between Blanchard's bubbles and other complex types of bubbles. Such group of bubbles, aside from having three possible states, are highly associated with stochastic and periodically collapsing bubbles. They are found to be a simple discrete-time approximation of the continuous-time bubbles.

Bubbles

---

On the transition from local regular to global irregular functions

Article Abstract:

Methods are developed for the analysis of dynamic models of the economy, and applied to a particular model.

---

The CO2 abatement game: costs, incentives, and the enforceability of a sub-global coalition

Article Abstract:

Compliance issues relating to policies geared to tackling global warming are examined in detail.

Research, Economic aspects, Global warming, Environmental economics

Similar abstracts:

• Abstracts: Certainty independence and the separation of utility and beliefs. Expected utility theory without the completeness axiom
• Abstracts: Welfare implications of endogenous credit limits with bankruptcy. Dynamic trading policies with price impact
• Abstracts: Coalition-proof implementation. Approximately competitive equilibria in large finite economies
• Abstracts: Overtime, effort, and the propagation of business cycle shocks. Non-convex costs and capital utilization: A study of production scheduling at automobile assembly plants
• Abstracts: Asymmetric information, industrial policy, and corporate investment in India. The political economy of full employment in modern Britain

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.