Investment Under Uncertainty: Theory and Tests with Industry Data
收藏NBER1987-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2264
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Under the assumption of constant returns to scale, there is a very simple, easily testable condition for optimal investment under uncertainty. Application of the test requires no parametric assumptions about technology and no assumptions about the competitiveness of the output market. The condition
在规模报酬不变(constant returns to scale)的假设前提下,不确定性环境下的最优投资问题存在一项极为简洁且易于检验的判定条件。应用该检验条件时,无需对生产技术作出参数化假设,亦无需对产出市场的竞争属性作出任何限定。该条件
提供机构:
美国国家经济研究局
创建时间:
1987-05-01



