000 03379nam a22005415i 4500
001 978-3-319-00005-3
003 DE-He213
005 20200420211749.0
007 cr nn 008mamaa
008 130826s2014 gw | s |||| 0|eng d
020 _a9783319000053
_9978-3-319-00005-3
024 7 _a10.1007/978-3-319-00005-3
_2doi
050 4 _aHB1-846.8
072 7 _aKCA
_2bicssc
072 7 _aBUS069030
_2bisacsh
082 0 4 _a330.1
_223
100 1 _aAubin, Jean-Pierre.
_eauthor.
245 1 0 _aTime and Money
_h[electronic resource] :
_bHow Long and How Much Money is Needed to Regulate a Viable Economy /
_cby Jean-Pierre Aubin.
264 1 _aCham :
_bSpringer International Publishing :
_bImprint: Springer,
_c2014.
300 _aXVIII, 144 p. 32 illus., 29 illus. in color.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aLecture Notes in Economics and Mathematical Systems,
_x0075-8442 ;
_v670
505 0 _aThe Underlying Thesis -- How Long and How Much Endowing One Commodity -- Keeping the Endowment Above a Viability Threshold -- Uncertain Endowments and Economic Cycles -- Evolutions and their Temporal Windows -- Endowing Fundamental Values:Willingness To Pay -- Endowing Exchange Values: Adam Smith's Invisible Man -- Why Viability Theory? -- What Is to Be Done?.
520 _aThis authored monograph presents an unconventional approach to an important topic in economic theory. The author is an expert in the field of viability theory which was motivated by economics at the end of the 1970's (see Dynamic Economic Theory: a Viability Approach, Springer, (1996).  It is used here to analyze how an economy should be dynamically endowed so that it is economically viable.    Economic viability requires an assumption on the joint evolution of commodities transactions, fluctuations of prices and numeraire units: the sum of the "transactions values" and the "impact of price fluctuations" should be negative or equal to zero. The book presents a computation of the minimum endowment which restores economic viability and derives the dynamic laws that regulate both transactions and price fluctuations.    The target audience primarily comprises open-minded and mathematically interested economists but the book may also be beneficial for graduate students.
650 0 _aSystem theory.
650 0 _aCalculus of variations.
650 0 _aSociophysics.
650 0 _aEconophysics.
650 0 _aEconomic theory.
650 0 _aMacroeconomics.
650 1 4 _aEconomics.
650 2 4 _aEconomic Theory/Quantitative Economics/Mathematical Methods.
650 2 4 _aCalculus of Variations and Optimal Control; Optimization.
650 2 4 _aSocio- and Econophysics, Population and Evolutionary Models.
650 2 4 _aComplex Systems.
650 2 4 _aMacroeconomics/Monetary Economics//Financial Economics.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783319000046
830 0 _aLecture Notes in Economics and Mathematical Systems,
_x0075-8442 ;
_v670
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-319-00005-3
912 _aZDB-2-SBE
942 _cEBK
999 _c51139
_d51139