Narrow search
Showing 1 - 10 of 197,509
Cover Image
Product Innovation with Lumpy Investment
Kort, Peter; Chahim, M.; Grass, D.; Hartl, R.F. - Tilburg University, Center for Economic Research - 2012
Abstract: This paper considers a firm that has the option to undertake product innovations. For each product innovation … an initial investment. Finally, we show that when demand decreases over time and when fixed investment cost is higher … investment is delayed. …
Persistent link: https://www.econbiz.de/10011091584
Cover Image
The Deterministic Impulse Control Maximum Principle in Operations Research : Necessary and Sufficient Optimality Conditions (replaces CentER DP 2011-052)
Kort, Peter; Chahim, M.; Hartl, R.F. - Tilburg University, Center for Economic Research - 2011
This paper considers a class of optimal control problems that allows jumps in the state variable. We present the necessary optimality conditions of the Impulse Control Maximum Principle based on the current value formulation. By reviewing the existing impulse control models in the literature, we...
Persistent link: https://www.econbiz.de/10011090959
Cover Image
A tutorial on the deterministic Impulse Control Maximum Principle: Necessary and sufficient optimality conditions
Chahim, Mohammed; Hartl, Richard F.; Kort, Peter M. - In: European Journal of Operational Research 219 (2012) 1, pp. 18-26
This paper considers a class of optimal control problems that allows jumps in the state variable. We present the necessary optimality conditions of the Impulse Control Maximum Principle based on the current value formulation. By reviewing the existing impulse control models in the literature, we...
Persistent link: https://www.econbiz.de/10010574158
Cover Image
Product Innovation with Lumpy Investment
Chahim, Mohammed - 2012
This paper considers a firm that has the option to undertake product innovations. For each product innovation the firm … investment. Finally, we show that when demand decreases over time and when fixed investment cost is higher, that the firm invests … less throughout the planning period, the time between two investments increases and that the first investment is delayed …
Persistent link: https://www.econbiz.de/10013100792
Cover Image
Product innovation with lumpy investment
Chahim, M.; Grass, D. A.; Hartl, Richard F.; Kort, Peter M. - 2012
Persistent link: https://www.econbiz.de/10009616356
Cover Image
Product and Quality Innovations as a Distributed Optimal Control Problem
Bondarev, Anton A. - 2016
investment characteristics of these new products is analyzed and it is demonstrated that this heterogeneity plays the essential …
Persistent link: https://www.econbiz.de/10014041506
Cover Image
Product and quality innovations : an optimal control approach
Bondarev, Anton - 2010
In the suggested paper an attempt to combine two different aspects of innovative activity which are known as product and process innovations is made. The main objective of the paper is to demonstrate the importance of interdependence between these two types of innovative activity through means...
Persistent link: https://www.econbiz.de/10008736540
Cover Image
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
Cover Image
Product innovation incentives by an incumbent firm : a dynamic analysis
Dawid, Herbert; Keoula, Michel Y.; Kopel, Michael; … - In: Journal of economic behavior & organization : JEBO 117 (2015), pp. 411-438
Persistent link: https://www.econbiz.de/10011572205
Cover Image
Optimal dynamic product development and launch for a network of customers
Sunar, Nur; Birge, John R.; Vitavasiri, Sinit - In: Operations research 67 (2019) 3, pp. 770-790
Persistent link: https://www.econbiz.de/10012040246