Blar i Department of Industrial Economics, Risk Management and Planning (TN-ISØP) på tidsskrift "Economies"
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Competition Between Variable-Supply and Fixed-Supply Currencies
(Peer reviewed; Journal article, 2022)For one variable–supply currency in isolation, one player’s Cobb–Douglas utility depends on the current supply divided by the initial supply, multiplied by the inverse of the accumulative inflation/deflation. With equal ...