Expandability, Reversibility, and Optimal Capacity Choice

Expandability, Reversibility, and Optimal Capacity Choice PDF Author: Avinash K. Dixit
Publisher:
ISBN:
Category : Capital investment
Languages : en
Pages : 40

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Book Description
We develop continuous-time models of capacity choice when demand fluctuates stochastically, and the firm's opportunities to expand or contract are limited. Specifically consider costs of investing or disinvesting that vary with time, or with the amount of capacity already installed. The firm's limited opportunities to expand or contract create call and put options on incremental units of capital; we show how the values of these options affect the firm's investment decisions.

Expandability, Reversibility, and Optimal Capacity Choice

Expandability, Reversibility, and Optimal Capacity Choice PDF Author: Avinash K. Dixit
Publisher:
ISBN:
Category : Capital investment
Languages : en
Pages : 40

Get Book

Book Description
We develop continuous-time models of capacity choice when demand fluctuates stochastically, and the firm's opportunities to expand or contract are limited. Specifically consider costs of investing or disinvesting that vary with time, or with the amount of capacity already installed. The firm's limited opportunities to expand or contract create call and put options on incremental units of capital; we show how the values of these options affect the firm's investment decisions.

Handbook of Research on International Strategic Management

Handbook of Research on International Strategic Management PDF Author: Alain Verbeke
Publisher: Edward Elgar Publishing
ISBN: 1781009147
Category : Business & Economics
Languages : en
Pages : 513

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Book Description
ïVerbeke and Merchant have assembled a remarkable collection of brand new essays by the whoÍs-who of international business. It will become a standard reference for both junior and senior scholars working in this increasingly important area.Í _ Ravi Ramamurti, Northeastern University, US ïLeading thinkers about the multinational enterprise offer both concise syntheses and critical reflections of the state of the art on international strategic management research. They in particular highlight the potential of internalization theory as a central paradigm for the field, and critically examine pertinent issues such as the complex notion of distance in international business. Refreshingly, they do not shy away from naming flaws in recent work, while offering avenues to improve the quality and impact of future research.Í _ Klaus Meyer, University of Bath, UK The Handbook provides an impressive state-of-the-art overview of the international strategic management field as an area of scholarly inquiry. The great strength of the work is the thoughtfulness of the messages conveyed by the expert team of authors. The implications for future international strategy research and for international management practice are profound and will influence the next generation of scholars in international strategy as well as senior level managers. Corporate executives will continue to operate in a world that is far from flat and will use this volume as a reliable compass, in the form of powerful conceptual frameworks, to navigate uncharted territory in the global economy. The Handbook presents a collection of 24 original research papers that should serve international strategy scholars and reflective MNE managers alike.

Real Options Theory

Real Options Theory PDF Author: Jeffrey J. Reuer
Publisher: Emerald Group Publishing
ISBN: 1849504946
Category : Business & Economics
Languages : en
Pages : 520

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Book Description
Examines the ways in which real options theory can contribute to strategic management. This volume offers conceptual pieces that trace out pathways for the theory to move forward and presents research on the implications of real options for strategic investment, organization, and firm performance.

The Internet Upheaval

The Internet Upheaval PDF Author: Ingo Vogelsang
Publisher: MIT Press
ISBN: 9780262220637
Category : Computers
Languages : en
Pages : 464

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Book Description
Early 2000 saw the US economy enjoy the longest period of sustained growth and economic prosperity in its history. This book argues that the impact of information technologies, particularly the internet, partly explain this phenomenon and analyzes the reform of telecommunications policy.

Optimal Control of Reconfigurable Capacity in Manufacturing Systems

Optimal Control of Reconfigurable Capacity in Manufacturing Systems PDF Author: Farshid Maghami Asl
Publisher:
ISBN:
Category :
Languages : en
Pages : 446

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Journal of Economic Dynamics & Control

Journal of Economic Dynamics & Control PDF Author:
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 1136

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The Quarterly Review of Economics and Finance

The Quarterly Review of Economics and Finance PDF Author:
Publisher:
ISBN:
Category : Business
Languages : en
Pages : 868

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Essays on Real Options

Essays on Real Options PDF Author: Felipe Luis Aguerrevere
Publisher:
ISBN:
Category : Investments
Languages : en
Pages : 308

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Working Paper Series

Working Paper Series PDF Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 598

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Proceedings of the ASME Design Engineering Division--2003

Proceedings of the ASME Design Engineering Division--2003 PDF Author:
Publisher:
ISBN:
Category : Mechanical engineering
Languages : en
Pages : 646

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Book Description