On Time: Lectures on Models of Equilibrium by Peter A. Diamond

On Time: Lectures on Models of Equilibrium

Churchill Lectures in Economics

Peter A. Diamond

136 pages missing pub info (editions)

nonfiction business economics history medium-paced
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These two lectures explore how time is modeled in theoretical analyses of individual industries and of the entire economy. The atemporal Marshallian model is contrasted with an explicit time model with uncertainty about costs at the firm level. Th...

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