The Economics of Spatial Coordination in Critical Infrastructure Investment
关键基础设施投资中的空间协调经济学
We develop a hybrid approach to estimate spatial coordination mechanisms in structural dynamic discrete choice models by combining nested fixed-point (NFXP) dynamic programming with method of simulated moments (MSM), achieving computational tractability in spatial settings while preserving structural interpretation. Applying this framework to GPU replacement data from 12,915 equipment locations in Oak Ridge National Laboratory's Titan supercomputer, we identify two distinct…