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A dynamic net present value rule in a financial adjustment cost model

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Publication:3494328
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DOI10.1002/oca.4660110309zbMath0709.90010OpenAlexW2027572018WikidataQ126238372 ScholiaQ126238372MaRDI QIDQ3494328

Peter M. Kort

Publication date: 1990

Published in: Optimal Control Applications and Methods (Search for Journal in Brave)

Full work available at URL: https://research.tilburguniversity.edu/en/publications/36a1b3d8-2fcf-470c-9466-d4fe6dd750b9


zbMATH Keywords

optimal investment policyself-financing firm


Mathematics Subject Classification ID

Application models in control theory (93C95) Production theory, theory of the firm (91B38) Economic growth models (91B62)


Related Items (3)

A dynamic model of the firm with uncertain earnings and adjustment costs ⋮ The economic explanation of the strategy of a self financing firm during the recession period ⋮ Dynamic investment policy with installation experience effects



Cites Work

  • Unnamed Item
  • Optimal dynamic investment policies of a value maximizing firm


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