Optimal Dynamic Investment Policies of a Value Maximizing Firm

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1.1. Scope of the Book This book is a contribution to the area of "dynamic models of the firm." The motivation for this kind of research is the following: Empirical studies (e.g. Albach (1976)) have shown that the development of the firm over time can be divided into different stages. such as growth. stationarity and contraction. In order to understand and evaluate these stages in a proper way. it is important to develop a suitable theoretical framework. To that end. economists have applied dynamic mathematical techniques. ...

Optimal Dynamic Investment Policies of a Value Maximizing Firm 1989, Springer, Berlin, Heidelberg

ISBN-13: 9783540511526

Softcover Reprint of the Origi edition

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