Price uncertainty, saving, and welfare

DOI10.1016/J.JEDC.2011.02.004zbMATH Open1230.91101OpenAlexW2075642599MaRDI QIDQ545193FDOQ545193

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

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zbMATH Keywords

price uncertaintywelfaresavingKreps-Porteus preferences

Mathematics Subject Classification ID

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

Cites Work

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

Cited In (2)

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

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