[英文文献] Investment Under Uncertainty And Dynamic Adjustment In Finnish Pork Industry [推广有奖]

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非传统安全223 发表于 2006-5-10 02:29:51 |AI写论文

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英文文献：Investment Under Uncertainty And Dynamic Adjustment In Finnish Pork Industry
英文文献作者：Pietola, Kyosti,Myers, Robert J.
英文文献摘要：
A dynamic dual model of investment under uncertainty is applied to a panel of Finnish hog farms. Stochastic dynamic programming is used to characterize duality relations. The model accommodates irreversibility and/or asymmetric adjustment costs. Results have important implications for Finland's hog industry as it adjusts to entry into the European Unit.