Lecture Notes in Economics and Mathematical Systems

Time and Money

How Long and How Much Money is Needed to Regulate a Viable Economy

Authors: Aubin, Jean-Pierre

  • Presents an unconventional approach to an important topic in economics
  • Includes a mathematically rigorous presentation of the material
  • Written by a leading expert in the field
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eBook $69.99
price for USA (gross)
  • ISBN 978-3-319-00005-3
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $89.99
price for USA
  • ISBN 978-3-319-00004-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This authored monograph presents an unconventional approach to an important topic in economic theory. The author is an expert in the field of viability theory and applies this theory 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 transactions, fluctuations of prices and units of numeraire goods: 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.

Table of contents (9 chapters)

  • The Underlying Thesis

    Aubin, Jean-Pierre

    Pages 1-29

  • How Long and How Much Endowing One Commodity

    Aubin, Jean-Pierre

    Pages 31-45

  • Keeping the Endowment Above a Viability Threshold

    Aubin, Jean-Pierre

    Pages 47-55

  • Uncertain Endowments and Economic Cycles

    Aubin, Jean-Pierre

    Pages 57-66

  • Evolutions and Their Temporal Windows

    Aubin, Jean-Pierre

    Pages 67-83

Buy this book

eBook $69.99
price for USA (gross)
  • ISBN 978-3-319-00005-3
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $89.99
price for USA
  • ISBN 978-3-319-00004-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Time and Money
Book Subtitle
How Long and How Much Money is Needed to Regulate a Viable Economy
Authors
Series Title
Lecture Notes in Economics and Mathematical Systems
Series Volume
670
Copyright
2014
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing Switzerland
eBook ISBN
978-3-319-00005-3
DOI
10.1007/978-3-319-00005-3
Softcover ISBN
978-3-319-00004-6
Series ISSN
0075-8442
Edition Number
1
Number of Pages
XVIII, 144
Number of Illustrations and Tables
3 b/w illustrations, 29 illustrations in colour
Topics