Competitive supply of durable goods under stochastic fluctuation in stock

نویسندگان: ثبت نشده
چکیده مقاله:

This paper presents a theoretical model in which the stock growth rate of durable goods has stochastic fluctuation over time. It concludes that a social planner increases the expected percentage rate of production since uncertainty increases the user cost from consumer’s point view.

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competitive supply of durable goods under stochastic fluctuation in stock

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عنوان ژورنال

دوره 4  شماره 4

صفحات  1- 8

تاریخ انتشار 2000-04-01

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