𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Simple regulatory policies in the presence of demand and cost uncertainty

✍ Scribed by Benjamin F. Blair; Tracy R. Lewis; David E.M. Sappington


Book ID
116106991
Publisher
Elsevier Science
Year
1995
Tongue
English
Weight
814 KB
Volume
7
Category
Article
ISSN
0167-6245

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


New activities, the welfare cost of unce
✍ Joshua Aizenman πŸ“‚ Article πŸ“… 1998 πŸ› John Wiley and Sons 🌐 English βš– 208 KB

This paper studies the effect of policy uncertainty on the formation of new activities in type of economy, where productivity of labor increases with the number of capital goods. Adding a new capital good requires a capital specific set-up cost, invested prior to using the capital good. Agents are