Why do economists mostly use optimization in differences, as opposed to optimization in levels?

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Microeconomics

ISBN: 978-1292079578

Global Edition 1st Edition

Authors: David Laibson, John List

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Question Posted: Dec 15, 2015 07:47 AM

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Why do economists mostly use optimization in differences, as opposed to optimization in levels?

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For the sake of simplicity and intuition economists mostly use optimization in d...View the full answer

Microeconomics

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