Dynamic Policies of the Firm: An Optimal Control Approach - Couverture souple

Van Hilten, Onno; Kort, Peter M.; Van Loon, Paul J. J. M.

Couverture souple

ISBN 10 : 0387561250 ISBN 13 : 9780387561257

Editeur : Springer Verlag, 1993

Synopsis

Biologically-inspired Collaborative Computing Constitutes the refereed proceedings of the Second IFIP TC 10 International Conference on Biologically-Inspired Computing, held at the 20th World Computer Congress in Milan, Italy on September 8-9, 2008. Full description

A propos du livre

Présentation de l'éditeur

This book belongs to the realm of dynamic theory of the firm. It discusses optimal investment, financing and production policies of the firm, that haveto deal with a diversity of aspects: alternative production techniques, financial constraints, technological progress, business cycles, uncertainty, environmental constraints, etc. The book studies how debt financing may facilitate expansion and how cost prices, prices of capital goods and investment grants influence depth investment decisions. Optimal investment decisions are analysed while taking into account taxation on environmental pollution, business cycles, adjustmentcosts and technological progress. Results are obtained by using Optimal Control Theory. The models lead to descriptions of growth and decline patterns of firms like we meet them in practice: distinctive stages succeeding each other, each with its own emphasis on specific management policies (growth, consolidation, depth investments, abatementefforts, etc.).

Détails de l'édition

• Éditeur: Springer Verlag
• Date d'édition: 1993
• ISBN 10: 0387561250
• ISBN 13: 9780387561257
• Reliure: Broché
• Langue: anglais
• Coordonnées du fabricant: non disponible