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This book aims to widen the understanding of stochastic dynamic choice and equilibrium models. It offers a simplified and heuristic exposition of the theory of Brownian motion and its control or regulation.
Aims to widen the understanding of stochastic dynamic choice and equilibrium models. The book offers a simplified exposition of the theory of Brownian motion and its regulation, rendering such methods accessible to economists who do not require a detailed mathematical treatment of the subject.
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