About Sergey Malakhov
These papers describe the static model of consumption-leisure choice in which both the maximization of utility and the maximization of precautionary savings for sequential purchases are constrained by the equality of the marginal costs of search to their marginal benefits.
Money Flexibility and Optimal Consumption-Leisure Choice Under Price Dispersion
Theoretical and Practical Research in Economic Fields, Volume IV, Issue1(7) Summer, 2013 (2013)
The synthesis of G.Sigler’s rule of the optimal search with the classical individual labor supply model can incorporate the satisficing ...