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Optimal Maintenance and Sale Age for a Machine Subject to Failure

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Cited by:

  1. de Zeeuw, Aart & He, Xiaoli, 2017. "Managing a renewable resource facing the risk of a regime shift in the ecological system," Resource and Energy Economics, Elsevier, vol. 48(C), pages 42-54.
  2. Zemel, Amos, 2012. "Precaution under mixed uncertainty: Implications for environmental management," Resource and Energy Economics, Elsevier, vol. 34(2), pages 188-197.
  3. Motchenkova, Evgenia, 2008. "Determination of optimal penalties for antitrust violations in a dynamic setting," European Journal of Operational Research, Elsevier, vol. 189(1), pages 269-291, August.
  4. de Zeeuw, Aart & Zemel, Amos, 2012. "Regime shifts and uncertainty in pollution control," Journal of Economic Dynamics and Control, Elsevier, vol. 36(7), pages 939-950.
  5. George Bitros & Elias Flytzanis, 2004. "Utilization and Maintenance in a Model with Terminal Scrapping," Macroeconomics 0411016, University Library of Munich, Germany.
  6. Alain Bensoussan & Suresh P. Sethi, 2007. "The Machine Maintenance and Sale Age Model of Kamien and Schwartz Revisited," Management Science, INFORMS, vol. 53(12), pages 1964-1976, December.
  7. Salvatore T. March & Gary D. Scudder, 2019. "Predictive maintenance: strategic use of IT in manufacturing organizations," Information Systems Frontiers, Springer, vol. 21(2), pages 327-341, April.
  8. Yuqian Xu & Lingjiong Zhu & Michael Pinedo, 2020. "Operational Risk Management: A Stochastic Control Framework with Preventive and Corrective Controls," Operations Research, INFORMS, vol. 68(6), pages 1804-1825, November.
  9. Dimitrios Koumparoulis, 2011. "The Proportionality Hypothesis in Capital Theory: an Assessment of the Literature," EuroEconomica, Danubius University of Galati, issue 27, pages 27-39, February.
  10. Yaniv, Gideon, 2002. "Non-adherence to a low-fat diet: an economic perspective," Journal of Economic Behavior & Organization, Elsevier, vol. 48(1), pages 93-104, May.
  11. George C. Bitros & Elias Flytzanis, 2003. "A Rehabilitation of Economic Replacement Theory," Macroeconomics 0303009, University Library of Munich, Germany.
  12. Frederick van der Ploeg, 2018. "Breakthrough Renewables and the Green Paradox," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 74(1), pages 52-70, March.
  13. Kazianga, Harounan & Masters, William A., 2002. "Property Rights, Production Technology And Deforestation: Cocoa In West Africa," 2002 Annual meeting, July 28-31, Long Beach, CA 19871, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  14. Haoying Sun & Subodha Kumar, 2020. "A Manufacturer's New Product Preannouncement Decision and the Supplier's Response," Production and Operations Management, Production and Operations Management Society, vol. 29(10), pages 2289-2306, October.
  15. Linnea Lorentzen & Steinar Strøm & Jon Vislie, 2024. "Competing Stochastic Thresholds: The Green Transition as a Race Between “The Good” and “The Ugly”," CESifo Working Paper Series 11418, CESifo.
  16. George C. Bitros, 2008. "The Optimal Lifetime Of Assets Under Uncertainty In The Rate Of Embodied Technical Change," Metroeconomica, Wiley Blackwell, vol. 59(2), pages 173-188, May.
  17. Nævdal, Erik & Vislie, Jon, 2012. "Resource Depletion and Capital Accumulation under Catastrophic Risk: The Role of Stochastic Thresholds and Stock Pollution," Memorandum 24/2012, Oslo University, Department of Economics.
  18. Mason, Robin, 2004. "Dividends, safety and liquidation when liabilities are long-term and stochastic," European Economic Review, Elsevier, vol. 48(6), pages 1179-1210, December.
  19. Gjerde, Jon & Grepperud, Sverre & Kverndokk, Snorre, 1999. "Optimal climate policy under the possibility of a catastrophe," Resource and Energy Economics, Elsevier, vol. 21(3-4), pages 289-317, August.
  20. Polasky, Stephen & de Zeeuw, Aart & Wagener, Florian, 2011. "Optimal management with potential regime shifts," Journal of Environmental Economics and Management, Elsevier, vol. 62(2), pages 229-240, September.
  21. McCluskey, Jill J. & Rausser, Gordon C., 1999. "Federal Grazing Reform And Avoidable Risk," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 24(01), pages 1-15, July.
  22. Ngo Van Long, 2019. "Managing, Inducing, and Preventing Regime Shifts: A Review of the Literature," CESifo Working Paper Series 7749, CESifo.
  23. A. Bensoussan & Q. Feng & S. P. Sethi, 2022. "Integrating equipment investment strategy with maintenance operations under uncertain failures," Annals of Operations Research, Springer, vol. 317(2), pages 353-386, October.
  24. Caliendo, Frank N. & Gorry, Aspen & Slavov, Sita, 2019. "The cost of uncertainty about the timing of Social Security reform," European Economic Review, Elsevier, vol. 118(C), pages 101-125.
  25. Salvatore T. March & Gary D. Scudder, 0. "Predictive maintenance: strategic use of IT in manufacturing organizations," Information Systems Frontiers, Springer, vol. 0, pages 1-15.
  26. Frederick van der Ploeg & Aart de Zeeuw, 2018. "Climate Tipping and Economic Growth: Precautionary Capital and the Price of Carbon," Journal of the European Economic Association, European Economic Association, vol. 16(5), pages 1577-1617.
  27. van der Ploeg, Frederick, 2018. "Political economy of dynamic resource wars," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 765-782.
  28. Carbone, Jared C. & Kverndokk, Snorre & Rogeberg, Ole Jorgen, 2005. "Smoking, health, risk, and perception," Journal of Health Economics, Elsevier, vol. 24(4), pages 631-653, July.
  29. Ali Dogramaci & Nelson M. Fraiman, 2004. "Replacement Decisions with Maintenance Under Uncertainty: An Imbedded Optimal Control Model," Operations Research, INFORMS, vol. 52(5), pages 785-794, October.
  30. Wallace J. Hopp & Sung‐Chi Wu, 1988. "Multiaction maintenance under markovian deterioration and incomplete state information," Naval Research Logistics (NRL), John Wiley & Sons, vol. 35(5), pages 447-462, October.
  31. Jaakkola, Niko & van der Ploeg, Frederick, 2019. "Non-cooperative and cooperative climate policies with anticipated breakthrough technology," Journal of Environmental Economics and Management, Elsevier, vol. 97(C), pages 42-66.
  32. George Bitros, 2010. "The theorem of proportionality in contemporary capital theory: An assessment of its conceptual foundations," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 23(4), pages 367-401, December.
  33. Thomas Sloan, 2008. "Simultaneous determination of production and maintenance schedules using in‐line equipment condition and yield information," Naval Research Logistics (NRL), John Wiley & Sons, vol. 55(2), pages 116-129, March.
  34. Jon Gjerde & Sverre Grepperud & Snorre Kverndokk, 2005. "On adaptation and the demand for health," Applied Economics, Taylor & Francis Journals, vol. 37(11), pages 1283-1301.
  35. Stefan Wrzaczek & Michael Kuhn & Ivan Frankovic, 2020. "Using Age Structure for a Multi-stage Optimal Control Model with Random Switching Time," Journal of Optimization Theory and Applications, Springer, vol. 184(3), pages 1065-1082, March.
  36. Mark G. Tang, 1993. "A stochastic machine maintenance and sale problem: Results with different production functions," Naval Research Logistics (NRL), John Wiley & Sons, vol. 40(5), pages 677-696, August.
  37. Aart Zeeuw & Chuan-Zhong Li, 2016. "The Economics of Tipping Points," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 65(3), pages 513-517, November.
  38. Steinar Strøm & Jon Vislie, 2019. "Wealth Management and Uncertain Tipping Points," CESifo Working Paper Series 7487, CESifo.
  39. Nævdal, Eric & Vislie, Jon, 2013. "Resource Depletion and Capital Accumulation under Catastrophic Risk: Policy Actions against Stochastic Thresholds and Stock Pollution," Memorandum 24/2013, Oslo University, Department of Economics.
  40. Peymankar, Mahboobe & Dehghanian, Farzad & Ghiami, Yousef & Abolbashari, Mohammad Hassan, 2018. "The effects of contractual agreements on the economic production quantity model with machine breakdown," International Journal of Production Economics, Elsevier, vol. 201(C), pages 203-215.
  41. Viviana Fernández, 2002. "What Drives Replacement of Durable Goods at the Micro Level?," Documentos de Trabajo 122, Centro de Economía Aplicada, Universidad de Chile.
  42. Carbone, Jared & Kverndokk, Snorre & Røgeberg, Ole-Jørgen, 2009. "Smoking and Health Investments: Impacts of Health Adaptation and Damage Reversibility," HERO Online Working Paper Series 2003:12, University of Oslo, Health Economics Research Programme.
  43. Frederick van der Ploeg, 2017. "Rapacious Oil Exploration in face of Regime Switches: Breakthrough Renewable Energy and Dynamic Resource Wars," Development Working Papers 415, Centro Studi Luca d'Agliano, University of Milano.
  44. Berry, Kevin & Finnoff, David & Horan, Richard D. & Shogren, Jason F., 2015. "Managing the endogenous risk of disease outbreaks with non-constant background risk," Journal of Economic Dynamics and Control, Elsevier, vol. 51(C), pages 166-179.
  45. Bitros, George C. & Flytzanis, Elias, 2009. "Utilization and maintenance in a model with scrapping," European Journal of Operational Research, Elsevier, vol. 194(2), pages 551-573, April.
  46. Arnt O. Hopland & Sturla F. Kvamsdal & Leif K. Sandal, 2019. "An analysis of maintenance schedules for public facilities," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 29(1), pages 17-35.
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