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.

Research, Economic research, Consumption (Economics), Uncertainty

---

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.

Learning, Game theory

---

Similar abstracts:

• Abstracts: Learning by doing and the value of optimal experimentation. Transitional dynamics in a two-sector non-scale growth model
• Abstracts: Contagion and competitive intra-industry effects of bankruptcy announcements: an empirical analysis. The separation of ownership and control in East Asian Corporations
• Abstracts: Unemployment and the rental rate of capital. Labour taxation, efficiency wages and the long run. Recent contributions to the search theory of the labour market: introduction
• Abstracts: A note on the 'invariance of market innovation to the number of firms.'. Great ratios and common cycles: do they exist for the UK?
• Abstracts: Measuring technical change under variable returns to scale: a dual approach

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