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Learning and Technology Adoptions
Scholz, Sebastian - 2010
This essay studies the optimal timing for a firm to adopt a new process innovation in the presence of learning. A …
Persistent link: https://www.econbiz.de/10010427566
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Learning and technology adoptions
Scholz, Sebastian - 2010
This essay studies the optimal timing for a firm to adopt a new process innovation in the presence of learning. A …
Persistent link: https://www.econbiz.de/10003951879
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Investment in a Monopoly With Bayesian Learning
Koulovatianos, Christos; Mirman, Leonard J.; Santugini, Marc - 2011
We study how learning affects an uninformed monopolist's supply and investment decisions under multiplicative … the random demand. Observing prices reveals this information slowly. We first show how to incorporate Bayesian learning … of learning on supply and investment decisions, as well as the steady state level of capital. Our findings are as follows …
Persistent link: https://www.econbiz.de/10014068523
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Learning buyers' valuation distribution in posted-price selling
Wang, Ruqu; Chen, Yongmin - In: Economic Theory 14 (1999) 2, pp. 417-428
A dynamic pricing model is studied where a seller of an asset faces a sequence of potential buyers whose valuation distribution is unknown to the seller. The seller learns more about the distribution in the selling process and becomes less optimistic as the object remains unsold. We characterize...
Persistent link: https://www.econbiz.de/10005596687
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Dynamic optimal control of process-product innovation with learning by doing
Pan, Xiaojun; Li, Shoude - In: European journal of operational research : EJOR 248 (2016) 1, pp. 136-145
Persistent link: https://www.econbiz.de/10011434711
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The effect of outward and inward internationalisation on different types of innovation : evidence from UK sMEs
Idris, Bochra; Saridakis, George; Khan, Zaheer - In: Journal of international management 28 (2022) 2, pp. 1-20
Persistent link: https://www.econbiz.de/10013270202
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Dynamic analysis of discontinuous best response with innovation
Lamantia, Fabio; Pezzino, Mario; Tramontana, Fabio - 2017
Persistent link: https://www.econbiz.de/10011669293
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Dynamic analysis of discontinuous best response with innovation
Lamantia, Fabio; Pezzino, Mario; Tramontana, Fabio - In: Journal of economic dynamics & control 91 (2018), pp. 120-133
Persistent link: https://www.econbiz.de/10011974143
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Managing disinflation under uncertainty
Tesfaselassie, Mewael F.; Schaling, Eric - 2008
learning (DOP) and compare it two limiting cases---certainty equivalence policy (CEP) and cautionary policy (CP). It turns out … learning (DOP) and compare it two limiting cases---certainty equivalence policy (CEP) and cautionary policy (CP). It turns out … CEP, at low levels of inherited inflation the DOP resembles the CP. -- Learning ; inflation expectations ; disinflation …
Persistent link: https://www.econbiz.de/10010265530
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Implicit incentives for fund managers with partial information
Angelini, Flavio; Colaneri, Katia; Herzel, Stefano; … - In: Computational management science 18 (2021) 4, pp. 539-561
Persistent link: https://www.econbiz.de/10012651333