TY - JOUR ID - 30875 TI - Competitive supply of durable goods under stochastic fluctuation in stock JO - Iranian Economic Review JA - IER LA - en SN - 1026-6542 Y1 - 2000 PY - 2000 VL - 4 IS - 4 SP - 1 EP - 8 DO - 10.22059/ier.2000.30875 N2 - This paper presents a theoretical model in which the stock growth rate of durable goods has stochastic fluctuation over time. It concludes that a social planner increases the expected percentage rate of production since uncertainty increases the user cost from consumer’s point view. UR - https://ier.ut.ac.ir/article_30875.html L1 - https://ier.ut.ac.ir/article_30875_0a56f9ca9ac9a5da1f72f2b6986b8484.pdf ER -