Decision making under uncertainty and the evolution of interdependent preferences

Article Abstract:

Research investigating support sources for evolving interdependent preferences and for processes of decision making in conditions of uncertainty is presented. Particular attention is given to the construction of an economic game from lottery choices.

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Indeterminacy in a small open economy Ramsey growth model

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Research describing the structure of a small economy version to the optimal model of growth formulated by R.E.A. Farmer and J. Benhabib is presented. Particular attention is given to ways of obtaining indeterminacy in international capital markets.

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On Ramsey's conjecture: efficient allocations in the neoclassical growth model with private information

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The validity of Ramsey's assumptions on capital accumulation using Bayesian model is examined.

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