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The economics of inaction : stochastic control models with fixed costs /
In economic situations where action entails a fixed cost, inaction is the norm. Action is taken infrequently, and adjustments are large when they occur. Interest in economic models that exhibit ''lumpy'' behavior of this kind has exploded in recent years, spurred by growing evide...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
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Princeton :
Princeton University Press,
©2009.
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| Temas: | |
| Acceso en línea: | Texto completo |