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Persistent link: https://www.econbiz.de/10005135986
No abstract.
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In this paper we characterize metric spaces used in Beardon's generalization of Arrow-Hahn utility representation method as generalized Peano continua. For continuous preference relations defined on such metric spaces, we further construct an upper semi-continuous utility function which...
Persistent link: https://www.econbiz.de/10005089398
In this paper we characterize metric spaces used in Beardon's generalization of Arrow-Hahn utility representation method as generalized Peano continua. For continuous preference relations defined on such metric spaces, we further construct an upper semi-continuous utility function which...
Persistent link: https://www.econbiz.de/10008488324
Persistent link: https://www.econbiz.de/10005380772
Persistent link: https://www.econbiz.de/10005388739
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During his lifetime Hyman Minsky made a seminal contribution to the development of financial Keynesianism. In this book, leading academics celebrate his work and explore his economic legacy. Special attention is paid to his work on contemporary economic method, the Great Depression, the European...
Persistent link: https://www.econbiz.de/10011164898
Our concern is with economizing behavior when preferences depend on experience. It is shown that such dependence, reflecting 'deep psychological structure', even when it is stable or habit forming in a fixed environment, can be destabilizing in a market context when prices are adjusting, even...
Persistent link: https://www.econbiz.de/10010818396
No abstract.
Persistent link: https://www.econbiz.de/10010818479