A channel model of investment decision:
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Alexandre C. Assemien
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Article
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1990
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Springer US
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English
โ 700 KB
The paper considers some theoretical implications of the Oslo-Cairo intertemporal planning model (the channel model). A version of the channel model with private and public investment projects is developed. The optimality properties of the model are derived. It is shown that: (i) Pareto solution can