Partial differential equations -- Elements of the theory of the Stochastic processes -- Partial differential equation in the consumer theory -- Partial differential equations in the producer theory -- Partial differential equations and pricing of the financial -- Derivatives -- A theory of...

Two kinds of theories of boundedly rational behavior are possible. Static theories focus on stationary behavior and do not include any explicit mechanism for temporal change. Dynamic theories, on the other hand, explicitly model the fine-grain adjustments made by the subjects in response to...