a r t i c l e i n f o JEL classification: C61 D92 Keywords: Price induced technical progress Disembodied technical progress Comparative dynamics Optimal control Testable implications A theory of a wealth maximizing, capital accumulating, price taking firm facing adjustment costs and operating in the presence of disembodied and price-induced technical progress is developed. The testable implicat...

telemedicine has changed the way of health care. it is an indispensable tool in the hands of doctors to accelerate and facilitate the process of data interchange. wireless networks consist of small nodes with communications capabilities. development of wireless networks of telemedicine system is highly demanded since these networks promise a wide range of potential applications. in this paper t...

The study of determining the factors affecting inflation or consumer price index has been conducted by many macroeconomic economists nationally as well as internationally. In this paper, we assess the external determinants of inflation dynamics in Iran. For this purpose, we use an OLS single equation model and a vector error correction model (VECM). Results of the analysis reveal that money sup...

This paper presents a model of price adjustment in replica economies with two consumer types and two goods. The model provides a trading rule that allows out-of-equilibrium trading and a decentralized price adjustment rule that features “learning through noisy imitation.” It is shown that for all sufficiently large economies, the process of experimentation and imitation favors adjustment of pri...

over the past three decades vertical price transmission analysis has been the subject of considerable attention in applied agricultural conomics. it has been argued that the existence of asymmetric price transmission generates rents for marketing and processing agents. retail prices allegedly move faster upwards than downwards in response to farm level pricemovements. this is an important issue...