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.
(2000). Competitive supply of durable goods under stochastic fluctuation in stock. Iranian Economic Review, 4(4), 1-8. doi: 10.22059/ier.2000.30875
MLA
. "Competitive supply of durable goods under stochastic fluctuation in stock", Iranian Economic Review, 4, 4, 2000, 1-8. doi: 10.22059/ier.2000.30875
HARVARD
(2000). 'Competitive supply of durable goods under stochastic fluctuation in stock', Iranian Economic Review, 4(4), pp. 1-8. doi: 10.22059/ier.2000.30875
VANCOUVER
Competitive supply of durable goods under stochastic fluctuation in stock. Iranian Economic Review, 2000; 4(4): 1-8. doi: 10.22059/ier.2000.30875
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