Visit our Christmas Gift Finder
Flexibility and Adjustment to Information in Sequential Decision Problems: A Systematic Approach - Lecture Notes in Economics and Mathematical Systems 371 (Paperback)
  • Flexibility and Adjustment to Information in Sequential Decision Problems: A Systematic Approach - Lecture Notes in Economics and Mathematical Systems 371 (Paperback)
zoom

Flexibility and Adjustment to Information in Sequential Decision Problems: A Systematic Approach - Lecture Notes in Economics and Mathematical Systems 371 (Paperback)

(author)
£74.99
Paperback 198 Pages / Published: 11/12/1991
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket
1 The Importance of Irreversibility and Learning - Familiar 11 Bxamples Revisited 1. 1 Neoclassical Investment Models: A Brief Survey 11 1. 1. 1 The Standard Neoclassical Investment Theory Model 13 1. 1. 2 The Investment Model with Adjustment Costs 15 1. 1. 3 The Irreversibility of Investment 17 1. 1. 4 Delivery Lags 18 1. 2 Flexible Manufacturing Systems 22 1. 2. 1 Some Basic Facts about Manufacturing 23 1. 2. 2 The Determinants of the Flexibility of Manufacturing Systems 25 1. 2. 3 Manufacturing as a Multiperiod Choice Problem 28 1. 3 Conclusions 30 2 The Role of Irreversibility and Learning in Sequential Decision Problems - Basic Concepts 33 2. 1 The Two-Period Model without Uncertainty 33 2. 1. 1 The Elements of the Model 34 2. 1. 2 Economic Examples 37 2. 1. 3 Some Basic Results 39 2. 1. 4 Intertemporal Opportunity Costs 42 2. 2 The Two-Period Model with Uncertainty 46 2. 2. 1 The Elements of the Kodel 46 2. 2. 2 Special Cases 50 2. 2. 3 Flexibility and the Value of Information 54 2. 2. 4 An Example: Waiting to Invest 56 2. 3 Switching Costs 59 2. 3. 1 The Extended Model 59 2. 3. 2 An Example: Money Demand as Demand for Flexibility 61 2. 4 Summary and Outlook 63 3 Determinants of the Optimal Choice in Sequential Decision Problems - The Two-Period Case 65 3. 1 The Formulation of the Problem 66 3. 1.

Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
ISBN: 9783540546450
Number of pages: 198
Weight: 371 g
Dimensions: 242 x 170 x 11 mm
Edition: Softcover reprint of the original 1st ed. 199

You may also be interested in...

Practical Statistics for Field Biology
Added to basket
Statistics Done Wrong
Added to basket
How to Use Statistics
Added to basket
Bayesian Reasoning and Machine Learning
Added to basket
Choosing and Using Statistics
Added to basket
New Cambridge Statistical Tables
Added to basket
Probability: A Very Short Introduction
Added to basket
Managerial Statistics
Added to basket
Principles of Statistics
Added to basket
An Introduction to Statistical Learning
Added to basket
The Signal and the Noise
Added to basket
£10.99   £8.99
Paperback
Psychology Statistics For Dummies
Added to basket
Naked Statistics
Added to basket
£12.99
Paperback

Reviews

Please sign in to write a review

Your review has been submitted successfully.