Tractable valuations under uncertainty
Data(s) |
10/04/2015
10/04/2015
01/11/2014
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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 | |
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 |