by NancyL.Stokey (Author)
Shows how the tools of stochastic control can be applied to dynamic problems of decision making under uncertainty when fixed costs are present. This book provides a treatment of two types of models, impulse and instantaneous control. It is suitable for graduate students and researchers in macroeconomics.
Format: Hardcover
Pages: 322
Publisher: Princeton University Press
Published: 20 Oct 2008
ISBN 10: 0691135053
ISBN 13: 9780691135052