The American Economic Review, Volume 85American Economic Association., 1995 Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges. |
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Página 789
... implies that ( 187 ) af ( a ) ≥c , since other- wise it is optimal not to innovate . Hence the lower bound on the periods between succes- sive innovations follows . - - For c = 0 , R ( 0 ) ≥ af ( a ) , Let q be such that for q > the ...
... implies that ( 187 ) af ( a ) ≥c , since other- wise it is optimal not to innovate . Hence the lower bound on the periods between succes- sive innovations follows . - - For c = 0 , R ( 0 ) ≥ af ( a ) , Let q be such that for q > the ...
Página 826
... implies g ' ( v ) ≥ Eu ( z ) ) . Thus , g ' ( vi ) ≥ G. This establishes that g ' ( v ) = G , as was to be proved . PROOF OF THEOREM 6 : We already know from Theorem 4 that PEDS implies FA . To verify NC , let v ' EV and let z'EZ ( v ...
... implies g ' ( v ) ≥ Eu ( z ) ) . Thus , g ' ( vi ) ≥ G. This establishes that g ' ( v ) = G , as was to be proved . PROOF OF THEOREM 6 : We already know from Theorem 4 that PEDS implies FA . To verify NC , let v ' EV and let z'EZ ( v ...
Página 1054
... imply ( i ) – ( iv ) . First , ( 4 ) and ( 7 ) imply that - ( 10 ) cb min ( P1 , r } < P2 - P1 -- < v2k min { p1 , r } which in turn implies condition ( i ) , v2 + b − c > k . --- That is , the gains from trade from the second ...
... imply ( i ) – ( iv ) . First , ( 4 ) and ( 7 ) imply that - ( 10 ) cb min ( P1 , r } < P2 - P1 -- < v2k min { p1 , r } which in turn implies condition ( i ) , v2 + b − c > k . --- That is , the gains from trade from the second ...
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