Research Catalog

Time and money : how long and how much money is needed to regulate a viable economy

Title
Time and money : how long and how much money is needed to regulate a viable economy / Jean-Pierre Aubin.
Author
Aubin, Jean Pierre.
Publication
Cham : Springer, 2014.

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StatusFormatAccessCall NumberItem Location
TextUse in library JBE 14-189Schwarzman Building - General Research Room 315

Details

Description
xviii, 144 p. : ill. (some. col.); 24 cm.
Summary
This authored monograph presents an unconventional approach to an important topic in economic theory. The author is an expert in the field of viability theory which was motivated by economics at the end of the 1970's (see Dynamic Economic Theory: a Viability Approach, Springer, (1996). It is used here to analyze how an economy should be dynamically endowed so that it is economically viable. Economic viability requires an assumption on the joint evolution of commodities transactions, fluctuations of prices and numeraire units: the sum of the "transactions values" and the "impact of price fluctuations" should be negative or equal to zero. The book presents a computation of the minimum endowment which restores economic viability and derives the dynamic laws that regulate both transactions and price fluctuations. The target audience primarily comprises open-minded and mathematically interested economists but the book may also be beneficial for graduate students.
Series Statement
Lecture notes in economics and mathematical systems, 0075-8442 ; 670
Uniform Title
Lecture notes in economics and mathematical systems ; 670.
Alternative Title
How long and how much money is needed to regulate a viable economy
Subjects
Bibliography (note)
  • Includes bibliographical references (p. 133-137) and indexes.
Contents
The Underlying Thesis -- How Long and How Much Endowing One Commodity -- Keeping the Endowment Above a Viability Threshold -- Uncertain Endowments and Economic Cycles -- Evolutions and their Temporal Windows -- Endowing Fundamental Values:Willingness To Pay -- Endowing Exchange Values: Adam Smith's Invisible Man -- Why Viability Theory? -- What Is to Be Done?
Call Number
JBE 14-189
ISBN
  • 9783319000046 (pbk.)
  • 3319000047 (pbk.)
  • 9783319000053 (online) (canceled/invalid)
OCLC
858797342
Author
Aubin, Jean Pierre.
Title
Time and money : how long and how much money is needed to regulate a viable economy / Jean-Pierre Aubin.
Publisher
Cham : Springer, 2014.
Series
Lecture notes in economics and mathematical systems, 0075-8442 ; 670
Lecture notes in economics and mathematical systems ; 670.
Bibliography
Includes bibliographical references (p. 133-137) and indexes.
Research Call Number
JBE 14-189
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