Economics and Ethics 1

The Microeconomic Basis

Gebonden Engels 2003 2003e druk 9783540443186
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Samenvatting

A presentation of the basic models of the most important economic agents (households, firms, the banking system etc.). The influence of ethics on the decisions of persons is discussed within the context of mutual influences of one person on another. It is shown that this leads to a Markov chain which converges to a final situation which in many cases is independent of the initial conditions. The book helps the reader to understand the interdependence of humanities and economics and how to model this interdependence in economics.

Specificaties

ISBN13:9783540443186
Taal:Engels
Bindwijze:Gebonden
Aantal pagina's:342
Uitgever:Springer Berlin Heidelberg
Druk:2003

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          Economics and Ethics 1