4,046 research outputs found
A dynamic model of the firm with uncertain earnings and adjustment costs
Full text linkTheory of Firm;microeconomics
Strategic technology adoption taking into account future technological improvements: A real options approach.
Full text linkStrategic Technology Adoptation Taking into Account Future Technological Improvements: A Real Options Approach
Full text linkThis paper studies a dynamic duopoly in which firms compete in the adoption of new technologies. The innovation process is exogenous to the firms. Both firms have the possibility to adopt a current technology or to wait for a better technology that arrives at an unknown point of time in the future. At the moment that a firm invests it enters a new market with a profit flow that follows a stochastic Brownian motion process. Results turn out to largely depend on the probability that a new technology arrives in the immediate future. If this probability is low, firms only take the current technology into account, which results in the usual preemption game. Increasing this probability gradually changes the outcome from a preemption game where both firms adopt the current technology, to a preemption game where the follower will adopt the new technology. Increasing the probability of arrival of the new technology further, turns the preemption game into a war of attrition where the follower adopting the new technology is better of than the leader. Finally, when the probability of arrival of a new technology is really large, both firms will adopt the new technology.Technological uncertainty;Adoption;Preemption;War of attrition;Real options
Database for: Excavations at Tall Jawa, Jordan: Volume 3, The Iron Age Pottery
No full textThis is a Microsoft Access database of imagery, drawings, and photos accompanying Excavations at Tall Jawa, Jordan: Volume 3, The Iron Age Pottery by P.M. Michèle Daviau. The text and database present a detailed typology of the Iron Age pottery excavated from 1989 to 1995. Together, they represent an in-depth analysis of the forming techniques employed to make each type of vessel from bowls to colanders, cooking pots to pithoi.
The digital archive is a work in progress by the author. The archive currently holds the collection for Excavation Field D. Upon completion, it will include seven collections, each one consisting of a database of diagnostic sherds and vessels as well as the images of these pots as .tiff files. Databases are related to excavation fields and are designed for meaningful searches: A, B, C-east, C-west, A-east (associated with C-west), D and E
Optimal abatement policies within a stochastic dynamic model of the firm
Full text linkTheory of Firm;microeconomics
The effects of marketable pollution permits on the firm's optimal investment policies
Full text linkInvestment;Taxation;Pollution Control
Dynamic firm behaviour within an uncertain environment
Full text linkPortfolio Investment;Corporate Finance;Stock Exchanges;finance
The influence of a stochastic environment on the firm's optimal dynamic investment policy
Full text linkManagement Science;Financing
Pollution Control and the Dynamics of Firm : The Effects of Market Based Instruments on Optimal Firm Investments
Full text link- …
