An irreversible investment problem with maintenance expenditure

DOI10.1137/100799484MaRDI QIDQ2910902zbMATH OpenOpenAlexFDO

Authors Kazuhito Kawaguchi, Hiroaki Morimoto

Publication date 12 September 2012

Published in SIAM Journal on Control and Optimization (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1137/100799484

zbMATH Keywords

variational inequalityviscosity solutionoptimal investment probleminvestment-maintenancetochastically growing capital productivity

Mathematics Subject Classification ID

Applications of Brownian motions and diffusion theory (population genetics, absorption problems, etc.) (60J70) Variational inequalities (49J40) Financial applications of other theories (91G80) Optimal stochastic control (93E20)

Recommendations

• An irreversible investment problem with maintenance expenditure on a finite horizon: free boundary analysis
• A Note on Dynamic Optimization, Maintenance Expenditure and Quality of Capital
• Analysis of an optimal investment model
• On a stochastic, irreversible investment problem
• Explicit Solution of a Stochastic, Irreversible Investment Problem and Its Moving Threshold

Cited in

(8)

• Integrating equipment investment strategy with maintenance operations under uncertain failures
• Maintenance and investment: complements or substitutes? A reappraisal
• Analysis of an optimal investment model
• An irreversible investment problem with demand on a finite horizon: the optimal investment boundary analysis
• A reversible investment problem with capacity and demand in finite horizon: free boundary analysis
• Capital maintenance and investment: Complements or substitutes?
• Optimal housing investment of a landlord
• An irreversible investment problem with maintenance expenditure on a finite horizon: free boundary analysis

This page was built for publication: An irreversible investment problem with maintenance expenditure

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2910902)