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The digital edition of all books may be viewed on our website before purchase. Excerpt from Inflation, Discrete Replacement and the Choice of Asset Lives (Classic Reprint)
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.The digital edition of all books may be viewed on our website before purchase.
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Inflation, Discrete Replacement and the Choice of Asset Lives (Classic Reprint)
impression à la demandeVendeur : Forgotten Books, London, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
Paperback. Etat : New. Print on Demand. This book analyzes the effects of inflation on a firmâs choice between assets of different useful lives. Using a discrete replacement problem model, the author demonstrates how inflation-induced changes in nominal interest rates impact relative demand prices. While prior research on inflation's impact on investment and security prices is extensive, this book is distinctive in its focus on the microeconomic effects of inflation on investment decisions. The author's findings indicate that, under certain conditions, inflation can favor short-lived assets over long-lived assets, and vice versa. The book also explores the role of uncertainty in investment decisions and how uncertainty biases choice in favor of shorter-term technologies. Overall, this book makes a significant contribution to our understanding of the impact of inflation on investment decisions and provides valuable insights for managers and policymakers. It highlights the complexity of inflation's effects and the importance of considering both the level and volatility of inflation when making investment decisions. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781332265565_0
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Inflation, Discrete Replacement and the Choice of Asset Lives Classic Reprint
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332265565
Quantité disponible : 15 disponible(s)
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Inflation, Discrete Replacement and the Choice of Asset Lives Classic Reprint
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332265565
Quantité disponible : 15 disponible(s)