Optimal Choices among Alternative Technologies with Stochastic Yield
نویسندگان
چکیده
منابع مشابه
Project scheduling with alternative technologies and stochastic activity durations
Research and Development (R&D) companies, whose core business relies on innovation, face a daily challenge of planning and surviving in an uncertain environment. Not only do uncertainties exist regarding the benefits and costs that their business entails, but they must also bear the risk of technical failure of their R&D activities. In this paper, we focus on a single firm facing an R&D project...
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ژورنال
عنوان ژورنال: American Journal of Agricultural Economics
سال: 1981
ISSN: 0002-9092,1467-8276
DOI: 10.2307/1241217