… periods. Our work combines several methodologies. We model the platform's problem as a dynamic optimization …
… manner using dynamic programming; both have been used as modeling constructs in numerous applications including …
… and increases loan spreads. I find support for the model’s predictions in U.S. aggregate and cross-sectional …
… an optimal carbon management policy. We provide a unified model that characterizes how firms should optimally manage …
… two key distinctions that we incorporate in an analytical model. First, we distinguish between control over resource …
… to evaluate the fundamental price of utility tokens. Our model endogenizes the velocity of circulation of tokens and …
… Moreover, we find that the presence of market frictions moderates this phenomenon and results in higher allocative …
… and technology upgrade under regulation. I estimate the model using panel data on mobile technology availability at …
… in property values. We show that a quantitative spatial model is successful in accounting for these empirical …