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A Market Model of Perfect Competition Under Uncertainty: Heterogeneous Firms and Technologies
Book chapter   Peer reviewed

A Market Model of Perfect Competition Under Uncertainty: Heterogeneous Firms and Technologies

Y Kaniovski
Entrepreneurship, growth, and innovation: The dynamics of firms and industries, pp.1-21
12, Springer
2006
DOI: https://doi.org/10.1007/0-387-32314-7_1
Handle:
https://hdl.handle.net/10863/26910

Abstract

A deterministic approximation is used in order to analyse evolution of an industry formed by firms having different capital and labor productivities, where at each time instant the number of entrants and their produstivities are assigned randomly.
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https://link.springer.com/chapter/10.1007/0-387-32314-7_1View

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