The Behavior of a Firm Subject to Stochastic Regulatory Review: Correction

Alvin K. Klevorick

Bell Journal of Economics, 1974, vol. 5, issue 2, 713-714

Abstract: In the following note the author supplies corrections for Lemmas 1 and 2 which appeared in his earlier article in this Journal. The revised Lemmas can be used to correct his original proof of Theorem 2.

Date: 1974
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