A stochastic learning-by-doing model with incomplete technological externality and its solution

MaRDI QIDQ3052016zbMATHFDO

Authors Shigeng Hu, Haijun Wang

Publication date 5 November 2010

zbMATH Keywords

endogenous growth``additional utility value function methodlearning-by-doing modeltechnological externality

Mathematics Subject Classification ID

Utility theory (91B16) Economic growth models (91B62)

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Cited in

(2)

• Endogenous growth model with Bayesian learning and technology selection
• Disequilibrium models due to a “learning by doing” process

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