Consumer Durables and the Optimality of Usually Doing Nothing
收藏NBER1988-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2488
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资源简介：
This paper develops a simple but important point which is often overlooked: It is quite possible that the best policy for a rational, optimizing agent is to do nothing for long periods of time--even if new, relevant information becomes available. We illustrate this point using the market for durable
提供机构：
美国国家经济研究局
创建时间：
1988-01-01
