An investment model with entry and exit decisions
An investment model with entry and exit decisions
复制标题
具有进入和退出决策的投资模型
DOI：
10.1239/jap/1014842558
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发表时间：
2000
影响因子：
1
通讯作者：
M. Zervos
中科院分区：
文献类型：
--
作者：
J. Kate Duckworth;M. Zervos
我们考虑一个投资模型，它概括了一些模型，已在文献中研究。该模型涉及进入和退出决策以及与生产调度相关的决策。然后，我们从动态规划方法的角度来解决其估值问题。我们的分析结果在一个封闭的形式解析解，可以采取定性不同的形式，这取决于参数值。
We consider an investment model which generalizes a number of models that have been studied in the literature. The model involves entry and exit decisions as well as decisions relating to production scheduling. We then address the problem of its valuation from the standpoint of the dynamic programming approach. Our analysis results in a closed form analytic solution that can take qualitatively different forms depending on parameter values.