ISBN-13: 9789814699624 / Angielski / Twarda / 2015 / 216 str.
ISBN-13: 9789814699624 / Angielski / Twarda / 2015 / 216 str.
Decentralization in Infinite Horizon Economies brings together a collection of essays that attempt to explore one of the basic themes in microeconomics - can a decentralized economy attain an efficient or optimal allocation of resources when it is allowed to evolve without a predetermined terminal date?