Optimal technology adoption when the arrival rate of new technologies changes
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Publication:319237
DOI10.1016/j.ejor.2014.12.024zbMath1346.91124OpenAlexW2113318695MaRDI QIDQ319237
Verena Hagspiel, Clàudia Nunes, Kuno J. M. Huisman
Publication date: 6 October 2016
Published in: European Journal of Operational Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.ejor.2014.12.024
Production theory, theory of the firm (91B38) Optimal stochastic control (93E20) Stopping times; optimal stopping problems; gambling theory (60G40)
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- Invest or Exit? Optimal Decisions in the Face of a Declining Profit Stream
- Information Acquisition and the Adoption of New Technology
- The Adoption of Multiple Dependent Technologies
- Adoption of uncertain multi-stage technology projects: a real options approach
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