Future needs play an important part in economic action. They urge private householders as well as society as a whole to choose between the immediate consumption of income and the saving of income for present and future satisfaction. In this situation of choice in economic conduct, Böhm‐Bawerk...

A study was carried out to analyze futures markets for tradable rights after a cash market was initiated. Furthermore, some indication was given on the size of such a futures market to provide insight into its viability. Futures markets can play a role in solving environmental problems, by...

Floquet theory is an appropriate tool for studying ordinary linear recurrence and differential equations with periodic coefficients, and is a generalization of the theory for constant coefficients. Floquet theory has still not found its way into economics, although it seems to be relevant for...