Abstract
While the fresh but simple approach by Franco Modigliani and Richard Brumberg produced some starkly insightful and profound new results, we can now include their insights while at the same time unifying the results of Irving Fisher and Frank Ramsey by utilizing the recent technique of optimal control theory.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Copyright information
© 2011 Colin Read
About this chapter
Cite this chapter
Read, C. (2011). Applications. In: The Life Cyclists. Great Minds in Finance. Palgrave Macmillan, London. https://doi.org/10.1057/9780230349445_16
Download citation
DOI: https://doi.org/10.1057/9780230349445_16
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-32429-3
Online ISBN: 978-0-230-34944-5
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)