Price uncertainty, saving, and welfare

DOI10.1016/J.JEDC.2011.02.004MaRDI QIDQ545193zbMATH OpenOpenAlexFDO

Authors William T. Smith, Diego C. Nocetti

Publication date 22 June 2011

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2011.02.004

zbMATH Keywords

Kreps-Porteus preferencesprice uncertaintysavingwelfare

Mathematics Subject Classification ID

Welfare economics (91B15) Consumer behavior, demand theory (91B42)

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Cites work

• A Note on Price Stability and Consumer's Welfare
• An OCE Analysis of the Effect of Uncertainty on Saving Under Risk Preference Independence
• Constant, Increasing and Decreasing Risk Aversion with Many Commodities
• Consumer's Surplus, Price Instability, and Consumer Welfare
• Least concave utility functions
• Portfolio choice with non-expected utility in continuous time
• Price uncertainty and consumer welfare in an intertemporal setting
• Price Variability, Utility and Savings
• Risk Aversion in the Small and in the Large
• Temporal Resolution of Uncertainty and Dynamic Choice Theory

Cited in

(2)

• A Note on Price Stability and Consumer's Welfare
• Price uncertainty and consumer welfare in an intertemporal setting

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