Abstract
In this chapter let us consider again the individual optimization problem facing an agent, either a consumer or a firm,1 who/which must solve his/her/its decision problem in a dynamic framework. The aim is to study how individual decisions are taken over calendar time, here considered as a discrete variable. Of course, for everybody the future is more or less unknown, and unfolds only as time goes by; but, despite this unavoidable feature, generally, an individual does have some idea about the most likely scenario under which he/she/it must make a best decision.
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© 2000 Springer-Verlag Berlin Heidelberg
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Nicola, P. (2000). Intertemporal Individual Choices. In: Mainstream Mathematical Economics in the 20th Century. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-04238-0_25
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DOI: https://doi.org/10.1007/978-3-662-04238-0_25
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-08638-0
Online ISBN: 978-3-662-04238-0
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