Optimal investment in research and development under uncertainty

DOI10.1007/S10957-015-0751-7zbMath1332.90123OpenAlexW931442248MaRDI QIDQ255103

Marco Ventura, Daniele Marazzina, Roy Cerqueti

Publication date: 9 March 2016

Published in: Journal of Optimization Theory and Applications (Search for Journal in Brave)

Full work available at URL: https://openresearch.lsbu.ac.uk/download/edd9ef1eff41554197e2592198a64d71e9da3d4c886b92dac5721f62120e6236/371968/Optimal%20R%26D%20investment%20JOTA%2017-04-2015.pdf

zbMATH Keywords

Hamilton-Jacobi-Bellman equationR\&Dexpenditure ratepatent racestochastic control problem

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Finite difference methods for boundary value problems involving PDEs (65N06)

Related Items (1)

Formulation and solution of an optimal control problem for industrial project control

Cites Work

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