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Forward-Looking Decision Making: Dynamic Programming Models Applied to Health,

Forward-Looking Decision Making: Dynamic Programming Models Applied to Health, Risk, Employment, and Financial Stability Hardback - 2010

by Robert E. Hall

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  • Hardcover

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Hardback. New. Individuals and families make key decisions that impact many aspects of financial stability and determine the future of the economy. These decisions involve balancing current sacrifice against future benefits. This book is about modeling this individual or family-based decision making using an optimizing dynamic programming model.
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From the rear cover

"Forward-Looking Decision Making provides interesting applications of the dynamic programming approach for analyzing individual decisions that balance current and future welfare. The subjects are timely and the book contains a good selection of topics, united by a common analytical theme."--John Ermisch, University of Essex

About the author

Robert E. Hall is the Robert and Carole McNeil Professor of Economics and Hoover Senior Fellow at Stanford University. He is the author of The Rational Consumer, Booms and Recessions in a Noisy Economy, and Digital Dealing.