Optimal Production, Investment and Financial Behaviour of the Firm

Optimal Production, Investment and Financial Behaviour of the Firm PDF Author: Timothy R. Muzondo
Publisher: Kingston, Ont. : Institute for Economic Research, Queen's University
ISBN:
Category : Business enterprises
Languages : en
Pages : 52

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Book Description

Optimal Production, Investment and Financial Behaviour of the Firm

Optimal Production, Investment and Financial Behaviour of the Firm PDF Author: Timothy R. Muzondo
Publisher: Kingston, Ont. : Institute for Economic Research, Queen's University
ISBN:
Category : Business enterprises
Languages : en
Pages : 52

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Book Description


On the Theory of Optimal Financial, Production and Investment Behaviour of the Firm

On the Theory of Optimal Financial, Production and Investment Behaviour of the Firm PDF Author: Timothy Rungano Muzondo
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 394

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Book Description


On the Theory of Optimal Financial, Production and Investment Behaviour of the Firm

On the Theory of Optimal Financial, Production and Investment Behaviour of the Firm PDF Author: Timothy Rungano Muzondo
Publisher: c1975.
ISBN:
Category : Business enterprises
Languages : en
Pages : 394

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Book Description


A Dynamic Theory of the Firm: Production, Finance and Investment

A Dynamic Theory of the Firm: Production, Finance and Investment PDF Author: Paul van Loon
Publisher: Springer Science & Business Media
ISBN: 3642464823
Category : Business & Economics
Languages : en
Pages : 202

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Book Description
This volume is the final result of the research project ''Micro growth model", that was sponsored by the Central Research Pool of Tilburg University, the Netherlands. Apart from the University Council for this important financial support, I owe Prof. Dr. Fiet Verheyen very much for the way in which he introduced me into scientific circles and for the way in which he supervised and stimulated my work. Dr. Jan de Jong and Peter Janssen C. E. , Technical University of Eindhoven, piloted me safely through the mathe matics of optimal control theory and removed some technical barriers. Their help was indispensable for the success of this project. I would also like to mention the kind support of Prof. Dr. Jack Kleijnen, who gave me many valuable hints on how to present the results of this project. In this way I was able to contact with several resear chers inside and outside the Netherlands. Most grateful I am to Prof. Dr. Charles Tapiero, Jerusalem University, who commented on important parts of this book in a constructive way and who suggested many subjects for further research. Also Mr. Geert Jan vsn Schijndel, Tilburg University, should be mentioned here, because he closely read the work and I appreciated his remarks and corrections very much. Many collea gues have contributed to the results of this research project in a direct or indirect way. Especially I should like to mention my contacts with Prof. Dr.

Expectations, Adjustment Costs and the Optimal Investment of a Value-maximizing Firm

Expectations, Adjustment Costs and the Optimal Investment of a Value-maximizing Firm PDF Author: Luis Alvarez
Publisher:
ISBN:
Category : Capital
Languages : en
Pages : 112

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Dynamic Policies of the Firm

Dynamic Policies of the Firm PDF Author: Onno van Hilten
Publisher: Springer Science & Business Media
ISBN: 3642778844
Category : Business & Economics
Languages : en
Pages : 439

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Book Description
In this book we open our insights in the Theory of the Firm, obtained through the application of Optimal Control Theory, to a public of scholars and advanced students in economics and applied mathematics. We walk on the micro economic side of the street that is bordered by Theory of the Firm on one side and by Optimal Control Theory on the other, keeping the reader away from all the dead end roads we turned down during our 10 years lasting research. We focus attention on the expressiveness and variety of insights that are obtained through studying only simple models of the firm. In this book mathematics is our tool, insight in optimal corporate policy our goal. Therefore most of the mathematics and calculations is put into appendices and in the main text all attention is on modelling corporate behaviour and on analysing the results of the calculations. So, the main text focusses on micro economics, even more specific: on Theory of the Firm. In that way this book is contrasted from such famous text books in applied Optimal Control with a much broader portfolio of applications, like Feichtinger & Hartl (1986) or with a more rigorous introduction into theory, like Seierstad & Sydsaeter (1987).

The Investment Decisions of Firms

The Investment Decisions of Firms PDF Author: S. J. Nickell
Publisher: Welwyn : Nisbet ; Cambridge : Cambridge University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 344

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Book Description


Dynamic Models of the Firm

Dynamic Models of the Firm PDF Author: Mark W.J. Blok
Publisher: Springer Science & Business Media
ISBN: 3642484018
Category : Business & Economics
Languages : en
Pages : 199

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Book Description
This book contributes to the scientific field of optimal control theory applied to dynamic models of the firm. It discusses optimal investment, financing and production policies of the firm, that have to deal with a variety of aspects, such as financial constraints, start-up costs, business cycles, increasing returns to scale, production life cycles and experience curves. In contrast to many other publications on this subject, here, in combination with an analytical approach, the dynamic optimization problems are solved numerically with the aid of a powerful computer and specific programs for optimizing non-linear functions of a finite number of variables and non-linear constraints.

Dynamic Firm and Investor Behaviour under Progressive Personal Taxation

Dynamic Firm and Investor Behaviour under Progressive Personal Taxation PDF Author: Geert-Jan C.T.van Schijndel
Publisher: Springer Science & Business Media
ISBN: 3642466370
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
This book aims to include the effects of a progressive personal tax into the deterministic dynamic theory of the firm. To this end the author investigates the impact of a progressive personal tax on the optimal dividend, financing and investment policy of a shareholder-controlled, value-maximising firm. More specifically, the principal aim is the justification of the thesis that during each stage of their evolution, firms will be controlled by investors in different tax brackets. With this aim in mind, the author develops a dynamic equilibrium and portfolio theory under certainty, which considers: - the market value of an arbitrary firm such that no excess demand for or supply of shares exists, - the portfolio selection of differently taxed investors, - the succession of differently taxed investors, who possess the shares of any value-maximizing firm, in the course of time, - the optimal resulting policy string and corresponding evolution of a firm in the course of time.

Personal Benchmark

Personal Benchmark PDF Author: Charles Widger
Publisher: John Wiley & Sons
ISBN: 1118963334
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
In Personal Benchmark: Integrating Behavioral Finance and Investment Management, Chuck Widger and Dr. Daniel Crosby outline the ways in which a program of embedded behavioral finance, fueled by what matters most to you, can be your protection against irrational financial behavior. Along the way, you'll learn how to improve your investment experience, increase returns formerly sacrificed to misbehavior, and worry less about "The Economy" as you become increasingly focused on "My Economy." Welcome to a new way of investing, a new paradigm for conceptualizing wealth, and a system of turning emotion from your portfolio's worst enemy into its best friend! In this new model, risk is simply the likelihood that we will underperform our dreams. Irrationality is acting in ways that thwart our ability to reach those dreams. And the optimal portfolio is not the one that generates the highest return in abstraction, it is the one that helps us meet our goals without killing our nerves before we get there. This book gives advisors the tools needed to effectively communicate the design and execution of the Personal Benchmark solution.