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Part of the book series: Lecture Notes in Economics and Mathematical Systems ((LNE,volume 313))

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Abstract

The main intention of this book is to develop simple dynamic models in which decision-makers, e.g. private investors or managers of firms, have to make sequential decisions under conditions of uncertainty. Sequential decision processes are the appropriate tool for the analysis of economic behaviour from a theoretical point of view and provide also a valid description of empirical decision-making.

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© 1988 Springer-Verlag Berlin Heidelberg

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Jammernegg, W. (1988). Introduction. In: Sequential Binary Investment Decisions. Lecture Notes in Economics and Mathematical Systems, vol 313. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-46646-5_1

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  • DOI: https://doi.org/10.1007/978-3-642-46646-5_1

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-50034-6

  • Online ISBN: 978-3-642-46646-5

  • eBook Packages: Springer Book Archive

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