On Time: Lectures on Models of Equilibrium
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On Time: Lectures on Models of Equilibrium

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These two lectures explore how time is modeled in theoretical analyses of individual industries and of the entire economy. The atemporal Marshallian model is contrasted with an explicit time model with uncertainty about costs at the firm level. The book also examines data on job creation and job destruction; price setting behavior in monopolistic competition and costly sea...more
Paperback, 136 pages
Published September 17th 2009 by Cambridge University Press
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Books by Peter A. Diamond

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