Optimal regime switching under risk aversion and uncertainty
DOI10.1016/J.EJOR.2016.06.027zbMATH Open1395.91485OpenAlexW2420017329MaRDI QIDQ1752227FDOQ1752227
Authors: Michail Chronopoulos, Sara Lumbreras 
Publication date: 24 May 2018
Published in: European Journal of Operational Research (Search for Journal in Brave)
Full work available at URL: https://openaccess.city.ac.uk/id/eprint/21063/1/Optimal%2520Regime%2520Switching%2520under%2520Risk%2520Aversion%2520and%2520Uncertainty.pdf
Recommendations
- Strategic technology switching under risk aversion and uncertainty
- Strategic technology adoption taking into account future technological improvements: a real options approach
- Optimal timing of technology adoption
- Optimal technology adoption when the arrival rate of new technologies changes
- Selecting a new technology strategy using multiattribute, multilevel decision trees
Dynamic programming (90C39) Production theory, theory of the firm (91B38) Corporate finance (dividends, real options, etc.) (91G50)
Cites Work
- Optimal timing of technology adoption
- Choosing among alternative discrete investment projects under uncertainty
- Investment and capacity choice under uncertain demand
- Strategic technology adoption taking into account future technological improvements: a real options approach
- Irreversible investment in alternative projects
- When is it better to wait for a new version? Optimal replacement of an emerging technology under uncertainty
- The net present value method versus the option value of waiting: A note on Farzin, Huisman and Kort (1998)
- Technological expectations and adoption of improved technology
- Adoption of uncertain multi-stage technology projects: a real options approach
- Risk Aversion in the Small and in the Large
- Strategic investment in technological innovations
- Optimal investment under operational flexibility, risk aversion, and uncertainty
- The timing of technology adoption by a cost-minimizing firm.
- Duopolistic competition under risk aversion and uncertainty
- Innovations, improvements, and the optimal adoption of new technologies
- Investment and the Valuation of Firms When There is an Option to Shut Down
- Technology adoption, learning-by-doing, and economic growth
- Real options with constant relative risk aversion
- Valuing the option to invest in an incomplete market
- Optimal risk adoption: a real options approach
Cited In (14)
- Rescaling-contraction with a lower cost technology when revenue declines
- Existence of value functions of differential games with incomplete information in partially order spaces
- A stochastic model with interacting managerial operating options and debt rescheduling
- Stochastic impulse control with regime-switching dynamics
- Strategic technology switching under risk aversion and uncertainty
- Optimal R\&D investment problem with regime-switching
- Optimal decision policy for real options under general Markovian dynamics
- Optimal regime switching and threshold effects
- Capacity optimization under uncertainty: the impact of operational time lags
- Multi-objective mean-variance-skewness model for nonconvex and stochastic optimal power flow considering wind power and load uncertainties
- Robust optimal R\&D investment under technical uncertainty in a regime-switching environment
- Markov perfect equilibria in multi-mode differential games with endogenous timing of mode transitions
- Selecting a new technology strategy using multiattribute, multilevel decision trees
- An equilibrium model of the supply chain network under multi-attribute behaviors analysis
This page was built for publication: Optimal regime switching under risk aversion and uncertainty
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1752227)
