EconPapers    
Economics at your fingertips  
 

Tractable valuations under uncertainty

József Sákovics

Economics Letters, 2015, vol. 126, issue C, 68-70

Abstract: I put forward a concise and intuitive formula for the calculation of the valuation for a good in the presence of the expectation that further, related, goods will soon become available. This valuation is tractable in the sense that it does not require the explicit resolution of the consumer’s life-time problem.

Keywords: Distributed choice; Quasi-linear utility; Value for money (search for similar items in EconPapers)
JEL-codes: D01 D03 D11 D91 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176514004352
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Tractable Valuations under Uncertainty (2014) Downloads
Working Paper: Tractable valuations under uncertainty (2014) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:126:y:2015:i:c:p:68-70

DOI: 10.1016/j.econlet.2014.11.016

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-23
Handle: RePEc:eee:ecolet:v:126:y:2015:i:c:p:68-70