Capital Theory Equilibrum Analysis and Recursive Utility

This work is a synthesis of the authors' work on recursive models. The use of recursive utility emphasizes time-consistent decision-making. It is addressed to a... » 

This work is a synthesis of the authors' work on recursive models. The use of recursive utility emphasizes time-consistent decision-making. It is addressed to all researchers in economic growth, and should be useful to professional economists and graduate students alike. «