WebGame theory is the study of mathematical models of strategic interactions among rational agents. It has applications in all fields of social science, as well as in logic, systems … Web19 de out. de 2009 · 10 Hirshleifer, J., “ investment Decision Under Uncertainty: Choice-Theoretic Approaches,” Quarterly Journal of Economics, LXXIX, 4 (November 1965), pp. …
EconPapers: On the Theory of Optimal Investment Decision
Web9 de jun. de 2024 · Fisher's Separation Theorem: The Fisher's separation theorem is a theory stating that: 1. A firm's choice of investments are separate from its owner's attitudes towards the investments. 2. It is ... WebOn the Theory of Optimal Investment Decision. Jack Hirshleifer. Journal of Political Economy, 1958, vol. 66, 329 Date: 1958 References: Add references at CitEc … huawei e8372h-320 4pda
Game theory - Wikipedia
Web1960s neoclassical theory is pre-rational expectations and, therefore, expec-tations of future pro tability of increments to the capital stock today play no role in explaining today’s investment behavior. 3 Optimal Investment with Convex Adjustment Costs The State of the World: The rm is a price taker in competitive markets. Labor is exible ... WebWith circulating capital, the question of the "optimal capital stock" cannot come up; there is only the "optimal investment" decision (i.e. capital per period). The first theory of … Webinterdependent investment opportunities give rise to multiple production-oppor-tunity curves; but these have an enve-lope, which is the interesting curve. These last points are discussed further below. l "On the Theory of Optimal Investment Deci-sion," Journal of Political Economy, LXVI (August, 1958), 329-52. 476 avoimet työpaikat kouvola mol