The marginal value of management using stochastic control

DOI10.1016/0165-1889(91)90002-IMaRDI QIDQ2277124zbMATH OpenOpenAlexFDO

Authors Donald I. Bosshardt, Douglas M. Patterson

Publication date 1991

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0165-1889(91)90002-i

zbMATH Keywords

Cobb-Douglas production functionsIto stochastic different equationsmanagerial factor input

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Stochastic ordinary differential equations (aspects of stochastic analysis) (60H10) Theory of organizations, manpower planning in operations research (90B70) Economic growth models (91B62)

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Cites work

• scientific article; zbMATH DE number 3490825 (Why is no real title available?)
• An Intertemporal General Equilibrium Model of Asset Prices
• An intertemporal asset pricing model with stochastic consumption and investment opportunities
• Implementing Arrow-Debreu Equilibria by Continuous Trading of Few Long-Lived Securities

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