Significant Issues on Consumption And Saving

Alexandru Manole, Madalina-Gabriela Anghel and Georgiana Nitu
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Alexandru Manole: „ARTIFEX” University of Bucharest
Madalina-Gabriela Anghel: „ARTIFEX” University of Bucharest
Georgiana Nitu: Bucharest University of Economic Studies

Romanian Statistical Review Supplement, 2017, vol. 65, issue 2, 12-20

Abstract: In this article, the authors analyze some aspects of correlation between consumption and savings. Consumption and savings are addressed to certain conditions, fluctuation in time of consumption, the possibilities of increasing consumption in optimally with certainty. The models presented are described in detail and commented.Between saving and consumption whole dynamic menus subjective human behavior that oscillates between purchasing goods and securities and preservation in some form of money. In one form or another, for the acquisition of securities or shares, beyond the commercial character of the action, signifies still investing in securities with appropriate amount of money, which ultimately represents her papers invested with a certain value and inevitably and significance.These two aspects of the dynamics of decision-makers form part of the spring while important in shaping behavior subjective decision-maker. Removing the initial act of modeling out of time, by considering the approach decision to run a single time, they set the rules of mathematical modeling behavior decision in a static framework, subject only action of a number of variables, which are as less under the sway of subjectivity and as much below the objectivity.

Keywords: certainty; decision; consumption; saving resources (search for similar items in EconPapers)
JEL-codes: E20 E21 (search for similar items in EconPapers)
Date: 2017
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