Optimal investment policy of the regulated firm (Q1124515): Difference between revisions
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| Property / author | |||
| Property / author: Sei-Ichi Katayama / rank | |||
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| Property / reviewed by: Emil Panek / rank | |||
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| Property / author: Sei-Ichi Katayama / rank | |||
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| Property / reviewed by: Emil Panek / rank | |||
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| Property / MaRDI profile type: MaRDI publication profile / rank | |||
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| Property / cites work: Q3753738 / rank | |||
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| Property / cites work: Q3903596 / rank | |||
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| Property / cites work: Q4146163 / rank | |||
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| Property / cites work: Sufficient Conditions in Optimal Control Theory / rank | |||
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| Property / cites work: Q3685517 / rank | |||
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| Property / Wikidata QID: Q127488784 / rank | |||
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| Property / full work available at URL: https://doi.org/10.1016/0165-1889(89)90002-x / rank | |||
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| Property / OpenAlex ID: W1992517008 / rank | |||
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Latest revision as of 10:49, 30 July 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Optimal investment policy of the regulated firm |
scientific article |
Statements
Optimal investment policy of the regulated firm (English)
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1989
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The purpose of the paper is to investigate the optimal investment behaviour of a regulated firm and to show that the so-called Averch- Johnson effect does not necessarily exist in a dynamic model of a profit maximizing firm when its revenue function is concave. A great deal of the paper concerns an analysis of 3 types of solutions of the model presented therein in the cases of undercapitalization, overcapitalization and neutralization.
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optimal employment
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optimal investment
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regulated firm
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