Esmaeil Babaei

University of Manchester, Faculty of Humanities, School of Social Sciences, Department of Economics, Students

Arthur Lewis Building

Oxford Road

Manchester, M13 9PL

United Kingdom

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Von Neumann-Gale Model, Market Frictions, and Capital Growth

Number of pages: 40 Posted: 15 Jan 2019
University of Manchester, Faculty of Humanities, School of Social Sciences, Department of Economics, Students, University of Manchester - Economics, School of Social Sciences, University of Manchester - Department of Economics and Steklov Mathematical Institute
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Abstract:

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capital growth theory, transaction costs, benchmark strategies, numeraire portfolios, random dynamical systems, convex multivalued operators, von Neumann-Gale dynamical systems, rapid paths