Lumpy capacity investment and disinvestment dynamics

Operations Research

Volumn 58, Issue 4 PART 2, 2010, Pages 1178-1193

  Besanko, David ^a   Doraszelski, Ulrich ^b   Lu, Lauren Xiaoyuan ^c   Satterthwaite, Mark ^a  

^a NORTHWESTERN UNIVERSITY   (United States)

^b HARVARD UNIVERSITY   (United States)

^c UNIVERSITY OF NORTH CAROLINA   (United States)

Author keywords

Capacity; Capacity coordination; Dynamic stochastic game; Industry evolution; Investment and disinvestment; Markov perfect equilibrium; Preemption races

Indexed keywords

CAPACITY; CAPACITY COORDINATION; INDUSTRY EVOLUTION; MARKOV PERFECT EQUILIBRIUM; PREEMPTION RACES;

DEPRECIATION; INDUSTRY; STOCHASTIC SYSTEMS;

INVESTMENTS;

EID: 77953882164     PISSN: 0030364X     EISSN: 15265463     Source Type: Journal    
DOI: 10.1287/opre.1100.0823     Document Type: Article

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