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The Rational Expectations Equilibrium Inventory Model. Theory and Applications.
Tryphon . Ed(S): Kollintzas
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Description for The Rational Expectations Equilibrium Inventory Model. Theory and Applications.
Paperback. Editor(s): Kollintzas, Tryphon. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 280 pages, biography. BIC Classification: GPFC; KCA; KJU; PBKQ. Category: (P) Professional & Vocational. Dimension: 244 x 170 x 15. Weight in Grams: 507.
This volume consists of six essays that develop and/or apply "rational expectations equilibrium inventory models" to study the time series behavior of production, sales, prices, and inventories at the industry level. By "rational expectations equilibrium inventory model" I mean the extension of the inventory model of Holt, Modigliani, Muth, and Simon (1960) to account for: (i) discounting, (ii) infinite horizon planning, (iii) observed and unobserved by the "econometrician" stochastic shocks in the production, factor adjustment, storage, and backorders management processes of firms, as well as in the demand they face for their products; and (iv) rational expectations. As is well ... Read more
This volume consists of six essays that develop and/or apply "rational expectations equilibrium inventory models" to study the time series behavior of production, sales, prices, and inventories at the industry level. By "rational expectations equilibrium inventory model" I mean the extension of the inventory model of Holt, Modigliani, Muth, and Simon (1960) to account for: (i) discounting, (ii) infinite horizon planning, (iii) observed and unobserved by the "econometrician" stochastic shocks in the production, factor adjustment, storage, and backorders management processes of firms, as well as in the demand they face for their products; and (iv) rational expectations. As is well ... Read more
Product Details
Format
Paperback
Publication date
1989
Publisher
Springer-Verlag New York Inc. United States
Number of pages
280
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
269
Place of Publication
New York, NY, United States
ISBN
9780387969404
SKU
V9780387969404
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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