1
اقتصاد::
مطلوبیت نهایی
Focusing on the first-best allocation at t = 1, the planner's solution equalizes the marginal utility of impatient households to that of patient households, which implies ch = εH
Equation (10) is an Euler equation that relates the marginal utility of money to that of capital.
, with probability κ), which gives a marginal utility
The fact that the constraint binds only for a subset of agents creates a wedge between the marginal utilities of the two groups of agents.
The marginal benefit of depositing is the marginal utility of withdrawing and spending one extra dollar if the household is impatient (i.e.
واژگان شبکه مترجمین ایران