๐”– Bobbio Scriptorium
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Investment with network externality under uncertainty

โœ Scribed by Chia-Chi Lu; Weifeng Hung; Jyh-Jian Sheu; Pai-Ta Shih


Publisher
Springer US
Year
2010
Tongue
English
Weight
290 KB
Volume
36
Category
Article
ISSN
0924-865X

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Investment behavior under Knightian unce
โœ Terje Lensberg ๐Ÿ“‚ Article ๐Ÿ“… 1999 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 237 KB

The &as if ' view of economic rationality defends the pro"t maximization hypothesis by pointing out that only those "rms who act as if they maximize pro"ts can survive in the long run. Recently, the problem of arriving at a logically consistent de"nition of rational behavior in games has shown that