The Limits of Choice
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Informação do Produto
| ISBN | 9783593399164 |
|---|---|
| Editora | Campus Verlag |
| Preço (iva excl.) | € 65,94 |
| Imposto | € 3,96 |
| Preço (iva inc.) | € 69,90 |
| Disponibilidade | 1 unidade em armazém externo |
Descrição do Produto
Arguing against the hypothesis that assumes consumers optimize their consumption intertemporally based on their permanent or lifetime income, this title proposes a rule of thumb according to which consumers can save if their income exceeds basic expenditure, while they can demand credit when income can no longer meet basic needs.