The American Economic Review, Volume 96American Economic Association., 2006 |
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... endogenous rate of adop- tion of new technologies , along with endogenous R & D . By doing so , we are able to allow for empirically reasonable diffusion lags but still generate endogenous medium - term swings in productivity . Roughly ...
... endogenous rate of adop- tion of new technologies , along with endogenous R & D . By doing so , we are able to allow for empirically reasonable diffusion lags but still generate endogenous medium - term swings in productivity . Roughly ...
Página 1051
... endogenous time budgets . We will refer to these as " exogenous " and " endogenous " games . For each exogenous game a game - specific time budget is generated from the uniform dis- tribution over the interval [ 10 seconds , 49 sec ...
... endogenous time budgets . We will refer to these as " exogenous " and " endogenous " games . For each exogenous game a game - specific time budget is generated from the uniform dis- tribution over the interval [ 10 seconds , 49 sec ...
Página 1054
... endogenous time budget , the subject keeps returning until G falls below the marginal value of time , which must be calibrated . 15 O ' We postulate that the agent picks the operator O that maximizes the ratio w ( x , σ ) Ã rather than ...
... endogenous time budget , the subject keeps returning until G falls below the marginal value of time , which must be calibrated . 15 O ' We postulate that the agent picks the operator O that maximizes the ratio w ( x , σ ) Ã rather than ...
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5 | 720 |
MAYORG AND MARCH | 989 |
This Appendix explains in more detail | 1232 |
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agent analysis assumption auction average behavior bidder bonus rate buyer certifier choice choose coefficient column concave condition consumption correlation cost cotinine countries demand denote distribution earnings effect efficient effort levels endogenous enrollment equation equilibrium estimates exchange rate expected Figure firm gamble GATT growth higher human capital impact implies incarceration income increase incumbent investment Jobs Journal of Economics Lemma March CPS marginal marginal cost match May/ORG measure ment mixed strategy monthly contract Nash equilibrium nomic observed optimal order flow outcomes p-value paper parameter payoff percent period players predictions preferences price vector profits Proposition quantiles regression relative supply residual residual variance risk aversion rounds sample Section skills smoking social security standard strategy subsidy Table tariff Theorem tion topcode users utility functions variables variance wage inequality Walrasian equilibrium welfare workers zero