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Geographie Kompakt Band 26 Landwirtschaftsproblematik in Norddeutschland Inhaltsverzeichnis Vorwort zur dritten Auflage 2009 S. 4 Vorwort zur zweiten Auflage 1998 S. 6 1)...
Persistent link: https://www.econbiz.de/10003950788
This paper introduces a tractable, structural model of subjective beliefs. Since agents that plan for the future care about expected future utility flows, current felicity can be increased by believing that better outcomes are more likely. On the other hand, expectations that are biased towards...
Persistent link: https://www.econbiz.de/10005073782