Does utility curvature matter for indeterminacy?
Article Abstract:
An illustration to show that the property of indeterminacy occurrence under a high intertemporal elasticity of substitution in consumption does not hold in neoclassical growth models is presented.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2005
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Sharing of endogenous risk in construction
Article Abstract:
The implications of risk management of complex projects in construction are illustrated by using a risk-sharing model with endogenous risk.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2005
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