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Matematicheskoe modelirovanie, 1995, Volume 7, Number 7, Pages 19–33
(Mi mm1775)
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This article is cited in 1 scientific paper (total in 1 paper)
Mathematical models and computer experiment
A life-cycle model of capital and production function with reserve capacity
N. N. Olenev Dorodnitsyn Computing Centre of the Russian Academy of Sciences
Abstract:
A model of the investment policy of firms with reserve capacities is suggested. The ageing of productive assets is taken into account. It is shown that the conceptions of a technology and a firm can be separated from each other and that the total production of firms can be described by means of an effective distribution of the total capacity among the technologies. The model gives rise to a new class of production functions.
Received: 25.05.1994
Citation:
N. N. Olenev, “A life-cycle model of capital and production function with reserve capacity”, Mat. Model., 7:7 (1995), 19–33
Linking options:
https://www.mathnet.ru/eng/mm1775 https://www.mathnet.ru/eng/mm/v7/i7/p19
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