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Texte d'origine - Anglais - Consider a two-period model with Dave's utility...

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Ce texte est disponible dans les langues suivantes: AnglaisTurc

Catégorie Expression - Education

Titre
Consider a two-period model with Dave's utility...
Texte à traduire
Proposé par pga
Langue de départ: Anglais

Consider a two-period model with Dave's utility given by u(xl, x2)where x1 represents his consumption during the first period and x2 is his
second period's consumption. Dave is endowed with (y1,y2) which he could consume in each period, but he could also trade present consumption for
future consumption and vice versa.
25 Décembre 2012 10:02