Title: Disappointment
Product review: One would expect to see a self-contained treatment of methods, but the author merely relies on citing Stokey and Lucas, copying their theorems and results. The treatment of topics is inadequate: it is not rigorous enough to be worth of comparison with Stokey and Lucas, say (yes, they are the benchmark, whether people like it or not), and does not provide the intuition for the methods used (like Ljungqvist or Sargent). Examples that the author provides do not give any additional insights. Every single topic covered in this text can be found in existing textbooks (Gandolfo, Van Long & Leonard, Chiang, etc. in addition to the already mentioned) presented in a more precise, adequate and interesting way. Finally, the book has the same price as Stokey and Lucas... why would then anyone even consider buying Simonovits' text?
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