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Capital expansion and reduction with fixed and proportional costs under demand ambiguity
https://doi.org/10.14988/00027964
https://doi.org/10.14988/00027964f66895d2-9adc-425e-949a-89329412b107
名前 / ファイル | ライセンス | アクション |
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Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||||||||
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公開日 | 2021-03-31 | |||||||||||
タイトル | ||||||||||||
言語 | en | |||||||||||
タイトル | Capital expansion and reduction with fixed and proportional costs under demand ambiguity | |||||||||||
言語 | ||||||||||||
言語 | eng | |||||||||||
キーワード | ||||||||||||
言語 | en | |||||||||||
主題Scheme | Other | |||||||||||
主題 | Capital expansion and reduction | |||||||||||
キーワード | ||||||||||||
言語 | en | |||||||||||
主題Scheme | Other | |||||||||||
主題 | quasi-variational inequalities | |||||||||||
キーワード | ||||||||||||
言語 | en | |||||||||||
主題Scheme | Other | |||||||||||
主題 | stochastic impulse control | |||||||||||
キーワード | ||||||||||||
言語 | en | |||||||||||
主題Scheme | Other | |||||||||||
主題 | ambiguity | |||||||||||
キーワード | ||||||||||||
言語 | en | |||||||||||
主題Scheme | Other | |||||||||||
主題 | κ-ignorance | |||||||||||
資源タイプ | ||||||||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||||||||
資源タイプ | departmental bulletin paper | |||||||||||
ID登録 | ||||||||||||
ID登録 | 10.14988/00027964 | |||||||||||
ID登録タイプ | JaLC | |||||||||||
著者 |
辻村, 元男
× 辻村, 元男
WEKO
19221
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著者所属 | ||||||||||||
同志社大学商学部教授 | ||||||||||||
著者所属(英) | ||||||||||||
en | ||||||||||||
Doshisha University | ||||||||||||
所属機関識別子種別 | ||||||||||||
値 | kakenhi | |||||||||||
所属機関識別子 | ||||||||||||
値 | 34310 | |||||||||||
抄録 | ||||||||||||
内容記述タイプ | Abstract | |||||||||||
内容記述 | This study investigates the capital expansion and reduction problem in firms when the output demand is ambiguous. We use the concept of κ-ignorance to describe the output demand ambiguity. When a firm changes its level of capital, it incurs both fixed and proportional costs. Therefore, the firm's problem is formulated as a stochastic impulse control problem. We solve the firm's problem via quasi-variational inequalities and numerically derive an optimal capital expansion and reduction policy. Further, we numerically conduct a comparative statics analysis that confirms that output demand ambiguity promotes capital reduction, while delaying capital expansion. Additionally, combining both the effects shrinks the continuation region. | |||||||||||
内容記述 | ||||||||||||
内容記述タイプ | Other | |||||||||||
内容記述 | 森田雅憲教授古稀祝賀記念号(Honorable issue in commemoration of Prof. Masanori Morita's 70 years of age) | |||||||||||
内容記述 | ||||||||||||
内容記述タイプ | Other | |||||||||||
内容記述 | 著者名漢字表記の「辻」は「1点しんにょう」の置き換え | |||||||||||
書誌情報 |
同志社商学 en : Doshisha Shogaku (The Doshisha Business Review) 巻 72, 号 6, p. 1209-1227, 発行日 2021-03-12 |
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出版者 | ||||||||||||
出版者 | 同志社大学商学会 | |||||||||||
出版者(英) | ||||||||||||
出版者 | Doshisha Daigaku Shogakkai | |||||||||||
出版者(英) | ||||||||||||
出版者 | The Association of Commerce Doshisha University | |||||||||||
ISSN | ||||||||||||
収録物識別子タイプ | ISSN | |||||||||||
収録物識別子 | 03872858 | |||||||||||
書誌レコードID | ||||||||||||
収録物識別子タイプ | NCID | |||||||||||
収録物識別子 | AN00165609 | |||||||||||
権利 | ||||||||||||
権利情報 | 同志社大学商学会 | |||||||||||
権利(英) | ||||||||||||
権利情報 | Doshisha Daigaku Shogakkai | |||||||||||
権利(英) | ||||||||||||
権利情報 | The Association of Commerce Doshisha University | |||||||||||
権利者識別子種別 | ||||||||||||
値 | AID | |||||||||||
権利者識別子 | ||||||||||||
権利情報 | DA04066893 | |||||||||||
関連サイト | ||||||||||||
識別子タイプ | URI | |||||||||||
関連識別子 | https://doors.doshisha.ac.jp/opac/opac_link/bibid/SB00960307/?lang=0 | |||||||||||
関連名称 | 掲載刊行物所蔵情報へのリンク / Link to Contents | |||||||||||
フォーマット | ||||||||||||
内容記述タイプ | Other | |||||||||||
内容記述 | application/pdf | |||||||||||
著者版フラグ | ||||||||||||
値 | publisher | |||||||||||
日本十進分類法 | ||||||||||||
主題Scheme | NDC | |||||||||||
主題 | 336.1 |