Optimal Firm Behaviour in the Context of Technological Progress and a Business Cycle

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This thesis is a theoretical study of the optimal dynamic policies of a, to some extent, slowly adjusting firm that faces an exogeneously given technological progress and an exogeneously given business cycle. It belongs to the area of mathematical economics. It is intended to appeal to mathematical economists in the first place, economists in the second place and mathematicians in the third place. It entails an attempt to stretch the limits of the application of deterministic dynamic optimisation to economics, in particular ...

Optimal Firm Behaviour in the Context of Technological Progress and a Business Cycle 1991, Springer

ISBN-13: 9783540535638

1991 edition

Trade paperback

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