منابع مشابه
Optimal timing of relocation
In this paper we tackle the problem of the optimal relocation policy for a firm that faces two types of uncertainty: one about the moments in which new (and more efficient) sites will become available; and the other regarding the degree of efficiency improvement inherent to each one of these new, yet to be known, potential location places. In particular, we derive results concerning the expecte...
متن کاملSome general results about the optimal timing of relocation
In this paper we derive general results concerning the optimal switching level in the problem of the optimal relocation policy for a firm that faces two types of uncertainty: one about the moments in which new (and more efficient) sites will become available; and the other regarding the degree of efficiency improvement inherent to each one of these new, yet to be known, potential location place...
متن کاملSome general results about the optimal timing of relocation
In this paper we derive general results concerning the optimal switching level in the problem of the optimal relocation policy for a firm that faces two types of uncertainty: one about the moments in which new (and more efficient) sites will become available; and the other regarding the degree of efficiency improvement inherent to each one of these new, yet to be known, potential location place...
متن کاملOptimal timing for managed relocation of species faced with climate change
Managed relocation is a controversial climate-adaptation strategy to combat negative climate change impacts on biodiversity. While the scientific community debates the merits of managed relocation1–12, species are already being moved to new areas predicted to be more suitable under climate change13,14. To inform these moves, we construct a quantitative decision framework to evaluate the timing ...
متن کاملOptimal Integral State Feedback Control of HCCI Combustion Timing
Homogenous Charge Compression Ignition (HCCI) engines hold promise of high fuel efficiency and low emission levels for future green vehicles. But in contrast to gasoline and diesel engines, HCCI engines suffer from lack of having direct means to initiate combustion. A combustion timing controller with robust tracking performance is the key requirement to leverage HCCI application in production ...
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ژورنال
عنوان ژورنال: International Journal of Managerial Finance
سال: 2010
ISSN: 1743-9132
DOI: 10.1108/17439131011032068