Towards A General Theory of Real Capital.

We present a unified theoretical framework capable to address the main real capital decision problems. Initially we specify a continous-time, terminal-horizon real capital model and use it to trace the properties of optimal utilisation, maintenance, and expansionary investment policies, as well as their interactions.

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Year of publication:	2001
Authors:	Bitros, G.C. ; Flytzanis, E.G.
Institutions:	Athens University of Economics and Business (AUEB)
Subject:	INVESTMENTS \| CAPITAL \| PRICES

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Series:	Athens University of Economics and Business.
Type of publication:	Book / Working Paper
Notes:	24 pages
Classification:	D11 - Consumer Economics: Theory ; D21 - Firm Behavior ; D24 - Production; Capital and Total Factor Productivity; Capacity ; D92 - Intertemporal Firm Choice and Growth, Investment, or Financing ; E22 - Capital; Investment (including Inventories); Capacity ; F21 - International Investment; Long-Term Capital Movements ; G31 - Capital Budgeting; Investment Policy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005781139