A model of investment decisions

Autor:	Frank W. van Tongeren
Rok vydání:	1995
Předmět:	Microeconomics Investment decisions Investment strategy Manager of managers fund Order (exchange) Return on investment Separately managed account Business Investment (macroeconomics) Capital formation
Zdroj:	Lecture Notes in Economics and Mathematical Systems ISBN: 9783540594437
DOI:	10.1007/978-3-642-52068-6_4
Popis:	The previous chapter treated capital stock as a given constraint in the routine decision making of the firm. For a treatment of the firm’s decisions in the longer run capital formation needs to be endogenized. In the first place, the firm's capital stock is subject to technical deterioration which has to be compensated by replacement investment in order to maintain capacity. In the second place, the firm must be continuously aware of its market prospects and adjust its production possibilities accordingly.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::db3e74207938b1eeb360d987a5c672d0 https://doi.org/10.1007/978-3-642-52068-6_4 Zobrazit plný text záznamu