Investment in R&D, Costs of Adjustment, and Expectations

Mark Schankerman & M. Ishaq Nadiri
Published Date
Copyright 1984
ISBN 0226308847
Book: R&D, Patents, and Productivity
Book editor: Zvi Griliches
PUBLISHER: University of Chicago Press
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  • Mark Schankerman and M. Ishaq Nadiri, R&D, Patents, and Productivity (University of Chicago Press, 1984), chap. 16, https://www.nber.org/books-and-chapters/rd-patents-and-productivity/investment-rd-costs-adjustment-and-expectations.

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Industrial Organization

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Investment in R&D, Costs of Adjustment and Expectations
- Working Paper
This paper proposes a framework which integrates convex costs of adjustment and expectations formation in the...

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