Investment with an arithmetic process and lags
โ Scribed by Avner Bar-Ilan
- Book ID
- 102502807
- Publisher
- John Wiley and Sons
- Year
- 2000
- Tongue
- English
- Weight
- 61 KB
- Volume
- 21
- Category
- Article
- ISSN
- 0143-6570
- DOI
- 10.1002/mde.973
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โฆ Synopsis
Abstract
This paper presents an explicit solution of a simple investment problem with entry lags and when the underlying stochastic process is arithmetic. It is shown that, without abandonment, the optimal investment plan is independent of the length of the lag. Copyright ยฉ 2000 John Wiley & Sons, Ltd.
๐ SIMILAR VOLUMES
In the optimization of chemical processes at the design stage, it is suggested that the optimization of a linear function of profit and investment allows the economics of the process to be presented in a particularly simple way. All technical considerations have been taken into account and the final