Art of Smooth Pasting

by Avinash K. Dixit

Book Overview

This book aims to widen the understanding of stochastic dynamic choice and equilibrium models. It offers a simplified and heuristic exposition of the theory of Brownian motion and its control or regulation, rendering such methods more accessible to economists who do not require a detailed, mathematical treatment of the subject.
The main mathematical ideas are presented in a context which with which economists will be familiar. Using a binomial...

• Format: Hardcover
• Language: English
• ISBN: 0415269377
• ISBN13: 9780415269377
• Release Date: December 2001
• Publisher: Routledge
• Length: 88 Pages
• Weight: 0.50 lbs.
• Dimensions: 0.5" x 5.6" x 8.8"