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Now showing items 1-2 of 2

  • The effects of market structure on industry growth: rivalrous nonexcludable capital 

    Koulovatianos, Christos; Mirman, Leonard J. (Elsevier, 2007-03)
    We analyze imperfect competition in dynamic environments where firms use rivalrous but nonexcludable industry-specific capital that is provided exogenously. Capital depreciation depends on utilization, so firms influence ...
  • Optimal growth and uncertainty: learning 

    Koulovatianos, Christos; Mirman, Leonard J.; Santugini, Marc (Elsevier, 2009-01)
    We introduce learning in a Brock-Mirman environment and study the effect of risk generated by the planner's econometric activity on optimal consumption and investment. Here, learning introduces two sources of risk about ...