منابع مشابه
Returns to Soybean Producers from Investments in Promotion and Research
U.S. soybean producers have been cooperatively investing in both production research and demand promotion for nearly four decades to enhance the profitability and international competitiveness of their industry. Have producers benefitted from their contributions to soybean checkoff program activities over the years? How has the return to investments in soybean production research compared to th...
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We study investments in R&D and the formation of R&D clusters of firms which are competitors in the market. In a three stage game, firms first decide on the budget allocated to their R&D department, then form research clusters and finally compete in quantities. The second stage cluster formation is modeled by the unanimity game introduced in Bloch(1995). We show that for any distribution of R&D...
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This paper presents a model for optimisation of investments in new power generation within restructured power markets. We use stochastic dynamic programming to identify an optimal investment strategy when the objective is to maximize the expected profit over a long time horizon. This formulation of the investment problem takes into account the value of postponing the investment decision to wait...
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This paper aims to contribute to the development of valuation models for long-term investments while keeping an eye on market prices. The adopted methodology is rooted on the existence of markets for futures and options on commodities related to energy investments. These markets are getting ever-increasingly liquid with ever-longer maturities while trading contracts. We discuss the advantages o...
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ژورنال
عنوان ژورنال: Intereconomics
سال: 1972
ISSN: 0020-5346,1613-964X
DOI: 10.1007/bf02929438