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Irreversible investment in oligopoly
Steg, Jan-Henrik - 2009
We offer a new perspective on games of irreversible investment under uncertainty in continuous time. The basis is a particular approach to solve the involved stochastic optimal control problems which allows to establish existence and uniqueness of an oligopolistic open loop equilibrium in a very...
Persistent link: https://www.econbiz.de/10009452557
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Okonomische Hysterese in der Veredlungsproduktion
Hinrichs, Jan; Musshoff, Oliver; Odening, Martin - 2005
German hog production responds only very limited to price fluctuations in the pork market. The hog production concentrates in a few regions though it does not depend on special natural conditions. Furthermore, the production volume does hardly vary over time. Relatively high market risks, sunk...
Persistent link: https://www.econbiz.de/10009443023
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El valor de la flexibilidad en la valoracion de inversiones acuícolas
Sempere, Loreto Pardo; Alcaide, Jose Javier Rodriguez - 2005
expanded period of the cycle of production and to the risk that this activity entails, are situations that appoint the future …
Persistent link: https://www.econbiz.de/10009444096
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DIRECTION FOR IMPROVING THE COMPLIANCE OF EMPLOYMENT POLICY AND LEARNING OUTCOMES OF HIGHER EDUCATION IN GEORGIA
Kharaishvili, Medea - 2023
The article discusses the importance of the employment policy and directions for the improvement of higher education in Georgia. Employment policy can be defined as a set of programs and opportunities through which the state tries to increase the rate of employment in the country. Ensuring the...
Persistent link: https://www.econbiz.de/10014337752
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Essays On Labor Economics: Human Capital Risk And Labor Market Outcomes And Learning By Doing In Medicine
Tristao, Ignez Miranda - 2006
explained by differences in occupational employment risk, arising from two sources: (1) the diversification of occupational … define and estimate a measure of occupational employment risk (OER), which I relate to unemployment durations and wage losses …. My results indicate that unemployed workers in high employment risk occupations, as defined by the OER measure, have 5 …
Persistent link: https://www.econbiz.de/10009450829
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14.661 Labor Economics I, Fall 2006
Pischke, Jorn-Steffen; Angrist, Joshua - 2006
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and...
Persistent link: https://www.econbiz.de/10009432547
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On singular control games : with applications to capital accumulation
Steg, Jan-Henrik - 2010
The aim of this work is to establish a mathematically precise framework for studying games of capital accumulation under uncertainty. Such games arise as a natural extension from different perspectives that all lead to singular control exercised by the agents, which induces some essential...
Persistent link: https://www.econbiz.de/10009452649
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Predictive Modeling of Alumni Donor Behavior
Prue, Lauren - 2010
In recent years, college and universities have relied increasingly upon the charitable contributions of its previous graduates; as the costs of tuition rise substantially, development offices are facing the challenge of creating annual fund campaigns that are minimally expensive while providing...
Persistent link: https://www.econbiz.de/10009450203
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Education for the creative economy : innovation, transdisciplinarity, and networks
Hearn, Gregory N.; Bridgstock, Ruth S. - 2010
The question posed in this chapter is: To what extent does current education theory and practice prepare graduates for the creative economy? We first define what we mean by the term creative economy, explain why we think it is a significant point of focus, derive its key features, describe the...
Persistent link: https://www.econbiz.de/10009483493
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Strategic power plant investment planning under fuel and carbon price uncertainty
Geiger, Ansgar - 2011
The profitability of power plant investments depends strongly on uncertain fuel and carbon prices. In this doctoral thesis, we combine fundamental electricity market models with stochastic dynamic programming to evaluate power plant investments under uncertainty. The application of...
Persistent link: https://www.econbiz.de/10009434605