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Focusing on the intersection of economics and mathematical tools, the book delves into evolution under uncertainty and adaptation, building on the Arrow-Debreu-Hahn legacy. It employs viability theory to explore economic systems that navigate scarcity and adhere to inertia principles. By transitioning from static analyses of optima and equilibria to a dynamic framework, it demonstrates how these innovative tools can enhance understanding of contingent economic behaviors.
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Dynamic Economic Theory, Jean-Pierre Aubin
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- Released
- 2013
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- (Paperback)
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