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Optimal Dynamic Investment Policies of a Value Maximizing Firm
Peter M. Kort
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Description for Optimal Dynamic Investment Policies of a Value Maximizing Firm
Paperback. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 192 pages, biography. BIC Classification: KJMV1. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 244 x 170 x 10. Weight in Grams: 354.
1.1. Scope of the Book This book is a contribution to the area of "dynamic models of the firm". The motivation for this kind of research is the following: Empirical studies (e.g. Albach (1976)) have shown that the development of the firm over time can be divided into different stages. such as growth. stationarity and contraction. In order to understand and evaluate these stages in a proper way. it is important to develop a suitable theoretical framework. To that end. economists have applied dynamic mathematical techniques. such as optimal control theory. calculus of variations and dynamic programming to design and ... Read more
1.1. Scope of the Book This book is a contribution to the area of "dynamic models of the firm". The motivation for this kind of research is the following: Empirical studies (e.g. Albach (1976)) have shown that the development of the firm over time can be divided into different stages. such as growth. stationarity and contraction. In order to understand and evaluate these stages in a proper way. it is important to develop a suitable theoretical framework. To that end. economists have applied dynamic mathematical techniques. such as optimal control theory. calculus of variations and dynamic programming to design and ... Read more
Product Details
Format
Paperback
Publication date
1989
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
192
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
185
Place of Publication
Berlin, Germany
ISBN
9783540511526
SKU
V9783540511526
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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