COMPETITIVE SUPPLY OF DURABLE GOODS WITH STOCHASTIC
FLUCTUATION IN STOCK

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AHMADIAN M.

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Journal of Economic Research Year:2001 | Volume:- | Issue:58 Page(s): 29-47

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Information Journal Paper

Title

COMPETITIVE SUPPLY OF DURABLE GOODS WITH STOCHASTIC FLUCTUATION IN STOCK

Author(s)

AHMADIAN M. | Issue Writer Certificate

Keywords

THE FUNDAMENTAL EQUATION OF OPTIMALITY / ITO"S DIFFERENTIAL OPERATOR / THE OPTIMAL VALUE FUNCTION / STOCHASTIC DYNAMIC PROGRAMMING / RENTAL PRICE / SHADOW PRICEQ4

Abstract

This paper present a theoretical model in order to determine the expected rate of durable good "s supply over time. The social planner maximizes the sum of the discounted net benefit. subject to the stochastic fluctuation in the stock of durable goods. Is turns out that a social planner increases the expected rate of supply since uncertainty increases the user"s loss from the view point of the consumers

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APA: Copy

AHMADIAN, M.. (2001). COMPETITIVE SUPPLY OF DURABLE GOODS WITH STOCHASTIC FLUCTUATION IN STOCK . TAHGHIGHAT-E-EGHTESADI, -(58), 29-47. SID. https://sid.ir/paper/12113/en

Vancouver: Copy

AHMADIAN M.. COMPETITIVE SUPPLY OF DURABLE GOODS WITH STOCHASTIC FLUCTUATION IN STOCK . TAHGHIGHAT-E-EGHTESADI[Internet]. 2001;-(58):29-47. Available from: https://sid.ir/paper/12113/en

IEEE: Copy

M. AHMADIAN, “COMPETITIVE SUPPLY OF DURABLE GOODS WITH STOCHASTIC FLUCTUATION IN STOCK ,” TAHGHIGHAT-E-EGHTESADI, vol. -, no. 58, pp. 29–47, 2001, [Online]. Available: https://sid.ir/paper/12113/en

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