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Optimal dynamic investment policies of a value maximizing firm

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Publication:1202046
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zbMath0790.90009MaRDI QIDQ1202046

Peter M. Kort

Publication date: 23 January 1993

Published in: Lecture Notes in Economics and Mathematical Systems (Search for Journal in Brave)


zbMATH Keywords

growthoptimal controlcontractionstationarityrisk-averse behavior


Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Economic growth models (91B62) Stochastic systems in control theory (general) (93E03)


Related Items (6)

Product innovation with lumpy investment ⋮ A dynamic model of the firm with uncertain earnings and adjustment costs ⋮ A dynamic net present value rule in a financial adjustment cost model ⋮ A tutorial on the deterministic impulse control maximum principle: necessary and sufficient optimality conditions ⋮ Nash equilibria in nonzero-sum differential games with impulse control ⋮ Optimal dynamic investment policies under concave-convex adjustment costs







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