| Document Type
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BL
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| Record Number
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716117
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| Doc. No
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b538272
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| Main Entry
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Joachim Winter
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| Title & Author
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Investment and exit decisions at the plant level a dynamic programming approach ; with 20 tables\ Joachim Winter
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| Publication Statement
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Heidelberg Physica-Verl., 1998
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| Series Statement
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Contributions to economics
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| Page. NO
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x, 186 Seiten 24 cm
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| ISBN
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3790811548
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: 9783790811544
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| Notes
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Literaturverz. S. 169 - 186
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| Contents
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Introduction.- Theroy and Empirics of Investment: A Selective Review of the Literature: Theories of Firm Investment and their Empirical Performance; Firm Investment Under Financial Constraints; Non-standard Constraints and Firm Behavior: A Research Program.- A Dynamic Programming Framework for the Analysis of Firm Decisions: An Introduction to Markov Decision Processes; Strategies for the Econometric Analysis of Dynamic Decision Processes; An Application: Firms'Joint Investment and Exit Decisions.- Plant-level Investment and Exit Decisions and Firm-level Financial Status: Introduction and Overview; Alternative Measures of a Firm's Financial Status; The Empirical Model of Firm Behavior Under Financial Constraints; Description of the Plant-level Dataset; A Reduced-form Model of Plant Growth and Exit; Empirical Results for the Structural Model of Investment and Exit; Summary and Discussion.- Concluding Remarks.
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| Subject
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Investitionsentscheidung
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| Subject
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Markov-Entscheidungsprozess
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| Subject
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Unternehmen
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| Added Entry
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Joachim Winter
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