MicroeconomicsFirst Edition

Chapter 13Investment, Time, and Insurance

Copyright © 2013 by Worth Publishers

Austan Goolsbee, Steven Levitt, Chad Syverson

Figure 13.1 Compound InterestGoolsbee, Levitt, Syverson: Microeconomics, First EditionCopyright © 2013 by Worth Publishers

Table 13.1 Payoff Structure of the Copier PurchaseGoolsbee, Levitt, Syverson: Microeconomics, First EditionCopyright © 2013 by Worth Publishers

Figure 13.2 The PDV of a Copier PurchaseGoolsbee, Levitt, Syverson: Microeconomics, First EditionCopyright © 2013 by Worth Publishers

Table 13.2 Cost Profiles for Northwest Airlines’ Investment DecisionsGoolsbee, Levitt, Syverson: Microeconomics, First EditionCopyright © 2013 by Worth Publishers

Table 13.3 Northwest Airlines’ NPV of Buying New PlanesGoolsbee, Levitt, Syverson: Microeconomics, First EditionCopyright © 2013 by Worth Publishers

Figure 13.3 Supply and Demand in the Market for CapitalGoolsbee, Levitt, Syverson: Microeconomics, First EditionCopyright © 2013 by Worth Publishers

Table 13.4 Analyzing a Risky InvestmentGoolsbee, Levitt, Syverson: Microeconomics, First EditionCopyright © 2013 by Worth Publishers

Figure 13.4 A Risk-Averse Individual Will Pay to Avoid RiskGoolsbee, Levitt, Syverson: Microeconomics, First EditionCopyright © 2013 by Worth Publishers

Figure 13.5 Utility Functions and Risk AversionGoolsbee, Levitt, Syverson: Microeconomics, First EditionCopyright © 2013 by Worth Publishers