Closed shlff closed 3 years ago
Hi @jstac , this PR adds . at the ends of following sentences in lecture perm_income:
.
where :math:`\gamma` is a bliss level of consumption
In fact, quadratic preferences are *necessary* for this conclusion [#f2]_
Now let's deduce the optimal decision rule [#fod]_
Later examples will investigate more realistic income streams
The proof for the general case is similar
🚀 Deployed on https://5ff262e1dc7e58e78afeb75e--practical-lalande-b89631.netlify.app
Hi @jstac , this PR adds
.
at the ends of following sentences in lecture perm_income:where :math:`\gamma` is a bliss level of consumption
In fact, quadratic preferences are *necessary* for this conclusion [#f2]_
Now let's deduce the optimal decision rule [#fod]_
Later examples will investigate more realistic income streams
The proof for the general case is similar