Production Targets
收藏NBER2006-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w11958
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资源简介：
We present a dynamic quantity setting game, where players may continuously adjust their quantity targets, but incur convex adjustment costs when they do so. These costs allow players to use quantity targets as a partial commitment device. We show that the equilibrium path of such a game is hump
提供机构：
美国国家经济研究局
创建时间：
2006-01-01
