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Optimal housing investment of a landlord

✍ Scribed by Osami Saito; Yuji Itaya; Takaharu Morishima


Publisher
John Wiley and Sons
Year
1985
Tongue
English
Weight
275 KB
Volume
6
Category
Article
ISSN
0143-2087

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πŸ“œ SIMILAR VOLUMES


Optimal investments with convex–concave
✍ Richard F. Hartl; Peter M. Kort πŸ“‚ Article πŸ“… 2004 πŸ› John Wiley and Sons 🌐 English βš– 336 KB

## Abstract This paper considers a capital accumulation model in which revenue is a convex–concave function of the capital stock. While for certain capital values increasing returns to scale are reasonable, usually this property does not hold in general. In particular for large capital stock values