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...en past, present and future events or conditions. In its general form, the intertemporal budget constraint says that the [[present value]] of current and future cas ...nds would represent unobtained potential utility. In these situations, the intertemporal budget constraint is effectively an equality constraint. ...

...conomics)|consumption]] with [[interest rate]]s, [[time preference]], and (intertemporal) [[elasticity of substitution]]. If derived from a basic [[Ramsey–Cass–Koop ...</math> is the [[real interest rate]], and <math>\sigma > 0</math> is the (intertemporal) [[elasticity of substitution]].<ref>{{cite book |first1= Robert J. |last1= ...

...ubstitution.<ref>[http://www.econmodel.com/classic/terms/intertemporal.htm Intertemporal Substitution - EconModel]</ref> ...elasticity. The second way is to explicitly derive it as an [[Elasticity (economics)|elasticity]]. The two ways generally yield the same definition. ...

| work =Introduction to Forestry, Forest Policy, and Economics ...mplications for Economic and Ecological Sustainability |journal=Ecological Economics |volume=31 |issue=1 |pages=91–106 |doi=10.1016/S0921-8009(99)00040-3|url=ht ...

...a function of the various levels of [[goods and services]] [[Consumption (economics)|consumption]] that are attained by withdrawing some funds from the portfol ...or differing ''t'' are additively separate, giving rise to the result of ''intertemporal independence of optimal decisions'': optimizing for any particular decision ...

...y been proposed in an article that appeared in the ''[[Journal of Monetary Economics]]'' in 1988,<ref name=KPR1998>{{cite journal |journal=Journal of Monetary Economics ...

In [[finance]], [[economics]], and [[decision theory]], '''hyperbolic absolute risk aversion''' ('''HAR ...D. | last2 = Kimball | first2 = M.S. |title=The New Palgrave Dictionary of Economics |year=2008}}</ref> refers to a type of [[risk aversion]] that is particul ...

...l uses the [[Euler method|Euler numerical method]] to model [[Consumption (economics)|consumption]]. He created his consumption theory in response to the [[Luca ...the model's inability to uncover consumer preference variables such as the intertemporal elasticity of substitution.<ref>{{cite journal|last=Carroll|first=Christoph ...

...n model''' is a model that [[Positive economics|describes]] or [[Normative economics|prescribes]] the process of making decisions in a context in which the deci *[[Intertemporal portfolio choice]] ...

{{Economics sidebar}} ...ry to make a [[representative agent|representative consumer]] [[Preference#Economics|indifferent]] between a smooth, non-fluctuating, consumption trend and one ...

...amic stochastic general equilibrium]] models, which are used in mainstream economics. ...Svenja Flechtner (eds.): ''Principles and Pluralist Approaches in Teaching Economics''. Routledge, London / New York 2019, pp. 243–255, [[doi:10.4324/9781315177 ...

...st=Ehud |year=1977 |title=Proportional solutions to bargaining situations: Intertemporal utility comparisons |journal=[[Econometrica]] |volume=45 |issue=7 |pages=16 ...he welfare effects of endowment increases|journal=Journal of International Economics|volume=17|issue=3–4|pages=325–334|year=1984|last1=Mantel|first1=Rolf R.}}</ ...

...8-05-03 |archive-url=https://web.archive.org/web/20000815223335/http://www.economics.harvard.edu/~aroth/alroth.html#ref94 |archive-date=2000-08-15 |url-status=d ...st=Ehud |year=1977 |title=Proportional solutions to bargaining situations: Intertemporal utility comparisons |journal=[[Econometrica]] |volume=45 |issue=7 |pages=16 ...

...rocess of [[consumer]]s searching for alternative [[goods]] and [[Service (economics)|service]]s.<ref>{{Cite web|title=Finance and Development|url=https://www.i ...w York City|thumb|Peter Arthur Diamond: Political, welfare and behavioural economics. Born April 29th, 1940, New York City]] ...

{{Economics sidebar}} ...[[capital (economics)|capital]] goods and a critique of the [[neoclassical economics|neoclassical]] vision of aggregate production and distribution.<ref name=tc ...

{{use dmy dates|date=May 2024}}'''Marginal utility,''' in [[mainstream economics]], describes the change in ''[[utility]]'' (pleasure or satisfaction result ...hing Marginal Utility |url=https://corporatefinanceinstitute.com/resources/economics/law-of-diminishing-marginal-utility/ |website=Corporate Finance institute | ...

...ts believed monetary factors could not affect [[Real versus nominal value (economics)|real]] factors such as real output. [[John Maynard Keynes]] attacked some ...economists that followed Keynes synthesized his theory with [[neoclassical economics|neoclassical microeconomics]] to form the [[neoclassical synthesis]]. Altho ...

...conomics''' is a list of definitions containing terms and concepts used in economics, its sub-disciplines, and related fields. {{Economics sidebar}} ...