The Resource The economics of inaction : stochastic control models with fixed costs, Nancy L. Stokey

The economics of inaction : stochastic control models with fixed costs, Nancy L. Stokey

Label
The economics of inaction : stochastic control models with fixed costs
Title
The economics of inaction
Title remainder
stochastic control models with fixed costs
Statement of responsibility
Nancy L. Stokey
Creator
Author
Subject
Language
eng
Summary
In economic situations where action entails a fixed cost, inaction is the norm. Action is taken infrequently, and adjustments are large when they occur. Interest in economic models that exhibit ''lumpy'' behavior of this kind has exploded in recent years, spurred by growing evidence that it is typical in many important economic decisions, including price setting, investment, hiring, durable goods purchases, and portfolio management. In The Economics of Inaction, leading economist Nancy Stokey shows how the tools of stochastic control can be applied to dynamic problems of decision making under
Cataloging source
N$T
Dewey number
330.01/519233
Illustrations
illustrations
Index
index present
LC call number
HB141
LC item number
.S853 2009eb
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Label
The economics of inaction : stochastic control models with fixed costs, Nancy L. Stokey
Publication
Antecedent source
unknown
Bibliography note
Includes bibliographical references (pages 295-302) and index
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn440772484
Dimensions
unknown
Extent
1 online resource (ix, 308 pages)
File format
unknown
Form of item
online
Isbn
9781400829811
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
http://library.link/vocab/ext/overdrive/overdriveId
  • 215873
  • 22573/ctt10tgg
Quality assurance targets
not applicable
http://library.link/vocab/recordID
.b26488450
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote
System control number
  • (OCoLC)440772484
  • pebcs1282158732

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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