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Showing 1 to 2 of 2 for “"Economía -- Teoría"”.
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From Solow to Schumpeter: a two-stage endogenous model of economic growth
This paper studies the determinants which enable an economy to enter an innovation-driven growth stage. We present a model in which the final good is produced with labor and an intermediate good. This intermediate good is produced by default in a competitive market, but a firm can have the …
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Supermodular utility representations
Many problems in decision theory and game theory involve choice problems over lattices and invoke the assumption of supermodularity of utility functions. In the context of choice over finite lattices, it is well-known that existence of supermodular representations is equivalent to existence of …