A Framework for Applied Dynamic Analysis in I.O.
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This paper outlines a framework which computes and analyzes the equilibria from a class of dynamic games. The framework dates to Ericson and Pakes (1995), and allows for a finite number of heterogeneous firms, sequential investments with stochastic outcomes, and entry and exit. The equilibrium
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美国国家经济研究局创建时间：
2000-12-01
