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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...
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The use of bounded rationality in explaining economic phenomena has attracted growing attention. In spite of this, there is still considerable disagreement regarding the meaning of bounded rationality. Basov (2005) argues that when modeling boundedly rational behaviour it is desirable to start...
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