Optimal investment in learning-curve technologies

DOI10.1016/J.JEDC.2012.03.014zbMATH Open1345.91018OpenAlexW3124969788MaRDI QIDQ310985FDOQ310985

Sebastian Gryglewicz, Peter M. Kort, Marco Della Seta

Publication date: 28 September 2016

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2012.03.014

zbMATH Keywords

investment timingreal optionsinvestment sizelearning-curve technology

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Economics of information (91B44) Financial applications of other theories (91G80)

Cites Work

• Investment and capacity choice under uncertain demand
• Learning-by-Doing, Organizational Forgetting, and Industry Dynamics
• Learning by observation within the firm
• The production recipes approach to modeling technological innovation: An application to learning by doing
• Strategic Technology Choice and Capacity Investment Under Demand Uncertainty
• The Learning Curve, Market Dominance, and Predatory Pricing

Cited In (10)

• Underinvestment and optimal capital structure under environmental constraints
• Capacity choice in (strategic) real options models: a survey
• Wright meets Markowitz: how standard portfolio theory changes when assets are technologies following experience curves
• Log-linear learning model for predicting a steady-state manual assembly time
• Agency problems in public-private partnerships investment projects
• Time-to-build and capacity expansion
• Learning curve parameter estimation beyond traditional statistics
• Investment in Knowledge: A Generalization of Learning By Experience
• Optimal Sequential Investment Decision-Making with Jump Risk
• The interaction of debt financing, cash grants and the optimal investment policy under uncertainty

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