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The timing of technology adoption by a cost-minimizing firm.

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Publication:1865798
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DOI10.1007/S007120200033zbMath1169.91399OpenAlexW2003100447MaRDI QIDQ1865798

G. Bethuyne

Publication date: 2 April 2003

Published in: Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s007120200033


zbMATH Keywords

technology adoptioninvestment timingwaiting option value


Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Production theory, theory of the firm (91B38)


Related Items (4)

On the upgrading policy after the redesign of a component for reliability improvement ⋮ Optimal Dynamic Product Development and Launch for a Network of Customers ⋮ Quasi-analytical solution of an investment problem with decreasing investment cost due to technological innovations ⋮ Optimal regime switching under risk aversion and uncertainty







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