Wednesday, January 23, 2013

notes on OR

as expected

we start with pure exchange in this case between periods with a single agent
that lives for ever

adam 1.0

we have training wheel  finite time first of course
starting with two periods
to motivate  choice we have ..yes a utlity function that spits out contextual prefernces

rogue must think of those chess playing  programs



as a marker at the start line i'll set this down

better to dive in media res
posit n profit seeking firms and bordered locations
with initial "endowments" of  natural resources and labor

economics is always and everywhere a historical science

euclidian economics is just for fun and fame

 rogoff
Maurice Obstfeld