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Optimal dynamic investment policy under financial restrictions and adjustment costs

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  • Kort, P.M.

    (Tilburg University, Faculty of Economics)

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  • Kort, P.M., 1985. "Optimal dynamic investment policy under financial restrictions and adjustment costs," Research Memorandum FEW 195, Tilburg University, School of Economics and Management.
    • Handle: RePEc:tiu:tiurem:375ce6c0-1f7c-42bf-890c-9f3933f5149b
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    References listed on IDEAS

    as
    1. A. B. Treadway, 1969. "On Rational Entrepreneurial Behaviour and the Demand for Investment," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 36(2), pages 227-239.
    2. J. P. Gould, 1968. "Adjustment Costs in the Theory of Investment of the Firm," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 35(1), pages 47-55.
    3. Michael Rothschild, 1971. "On the Cost of Adjustment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 85(4), pages 605-622.
    4. Leland, Hayne E, 1972. "The Dynamics of a Revenue Maximizing Firm," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 13(2), pages 376-385, June.
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    Cited by:

    1. Kort, Peter M., 1994. "A dynamic model of the firm with uncertain earnings and adjustment costs," European Journal of Operational Research, Elsevier, vol. 73(2), pages 374-383, March.
    2. Jorge Navas Rodenes & Jesus Marin Solano, 2006. "A comment on the cost of capital for investments with non-homogeneous components," Working Papers in Economics 146, Universitat de Barcelona. Espai de Recerca en Economia.
    3. Feichtinger, Gustav & Hartl, Richard F. & Kort, Peter M. & Veliov, Vladimir M., 2008. "Financially constrained capital investments: The effects of disembodied and embodied technological progress," Journal of Mathematical Economics, Elsevier, vol. 44(5-6), pages 459-483, April.
    4. Jorge Navas Rodenes & Jesus Marin Solano, 2006. "User cost of capital with delayed investment grants," Working Papers in Economics 161, Universitat de Barcelona. Espai de Recerca en Economia.

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