Tractable valuations under uncertainty


Autoria(s): Sákovics, József
Data(s)

10/04/2015

10/04/2015

01/11/2014

Resumo

I put forward a concise and intuitive formula for the calculation of the valuation for a good in the presence of the expectation that further, related, goods will soon become available. This valuation is tractable in the sense that it does not require the explicit resolution of the consumerís life-time problem.

Identificador

http://hdl.handle.net/10943/629

Idioma(s)

en

Publicador

University of Edinburgh

Relação

SIRE DISCUSSION PAPER;SIRE-DP-2015-41

Palavras-Chave #distributed choice #quasi-linear utility #value for money
Tipo

Working Paper