Forward-looking decision making dynamic programming models applied to health, risk, employment, and financial stability (the gorman lectures in economics)

Individuals and families make key decisions that impact many aspects of financial stability and determine the future of the economy. These decisions involve balancing current sacrifice against future benefits. People have to decide how much to invest in health care, exercise, their diet, and insuran...

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Hlavný autor: Hall, Robert E
Médium: E-kniha Kniha
Jazyk:English
Vydavateľské údaje: Princeton Princeton University Press 2010
Princeton Univ. Press
Vydanie:1
Edícia:The Gorman Lectures in Economics
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ISBN:9780691142425, 1400835267, 0691142424, 9781400835263
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Popis
Shrnutí:Individuals and families make key decisions that impact many aspects of financial stability and determine the future of the economy. These decisions involve balancing current sacrifice against future benefits. People have to decide how much to invest in health care, exercise, their diet, and insurance. They must decide how much debt to take on, and how much to save. And they make choices about jobs that determine employment and unemployment levels. Forward-Looking Decision Making is about modeling this individual or family-based decision making using an optimizing dynamic programming model.
Bibliografia:Includes bibliographical references (p. [119]-122) and index
ISBN:9780691142425
1400835267
0691142424
9781400835263
DOI:10.1515/9781400835263