{"product_id":"on-time-peter-a-diamond-9780521119764","title":"On Time: Lectures on Models of Equilibrium","description":"These two lectures explore how time is modeled in theoretical analyses of individual industries and of the entire economy. The atemporal Marshallian model is contrasted with an explicit time model with uncertainty about costs at the firm level. The book also examines data on job creation and job destruction; price setting behavior in monopolistic competition and costly search models; data on price changes; and both cyclical and seasonal data on the entire economy. With a focus on the command over purchasing power, the Arrow-Debreu and Hicksian ISLM models are compared with a number of explicit time models.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Peter A. Diamond\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0521119766\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780521119764\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Cambridge University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/17\/2009\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 136\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.40lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.50h x 5.40w x 0.20d","brand":"Peter A. Diamond","offers":[{"title":"Paperback","offer_id":43919978725631,"sku":"9780521119764","price":41.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_836b9db2-cae8-4b7b-a0a0-a2bae894c102.jpg?v=1680812964","url":"https:\/\/www.whiterainbookhouse.com\/products\/on-time-peter-a-diamond-9780521119764","provider":"WR Book House","version":"1.0","type":"link"}