search query: @author Weiser, C. / total: 5
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| Author: | Weiser, C. |
| Title: | Optimal Control of Price and Investment Policies in a Dynamic Deterministic Model |
| Journal: | Journal of Institutional and Theoretical Economics
1992 : JUNE, VOL.148, p.274-291 |
| Index terms: | INVESTMENT PLANNING PRICE THEORY PRODUCT LIFE CYCLE |
| Language: | eng |
| Abstract: | Price and investment policies are examined by taking into account learning curve effects as well as diffusion dynamics and divergence between the quantity produced and that sold. The results show that the decisive conditions which describe the product life cycle, and therefore the market, are also decisive for the optimal price and investment strategy. |
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