| Автор | Riordan, Courtney |
| Дата выпуска | 1971 |
| dc.description | A general method is developed for finding an optimal solution to the dynamic investment‐pricing problem of a publicly owned or regulated monopolistic enterprise with a technology of production exhibiting economies of scale given a market demand for the output of the enterprise that is sensitive to price. Previous authors have dealt successfully with the same capital investment problem under the assumption of completely inelastic demand; price has thereby been eliminated as a rationing device. The major significance of the general model developed here is that it combines the theory of welfare economics and the dynamic programing technique to solve the joint investment‐pricing problem under a particular, but not too restrictive, set of structural and procedural assumptions. |
| Формат | application.pdf |
| Копирайт | Copyright 1971 by the American Geophysical Union. |
| Название | General Multistage Marginal Cost Dynamic Programing Model for the Optimization of a Class of Investment‐Pricing Decisions |
| Тип | article |
| DOI | 10.1029/WR007i002p00245 |
| Electronic ISSN | 1944-7973 |
| Print ISSN | 0043-1397 |
| Журнал | Water Resources Research |
| Том | 7 |
| Первая страница | 245 |
| Последняя страница | 253 |
| Выпуск | 2 |
| Библиографическая ссылка | Baumol, William J., Economic Theory and Operations Analysis2, Prentice‐Hall, Englewood Cliffs, New Jersey, 1965. |
| Библиографическая ссылка | Hirshleifer, Jack, James C.DeHaven, Jerome W.Milliman, Water Supply: Economics, Technology and Policy, University of Chicago Press, Chicago, Illinois, 1960. |
| Библиографическая ссылка | Manne, Alan S., Capacity expansion and probabilistic growth, Econometrica, 632–649, 1961. |
| Библиографическая ссылка | Muhich, Anton J., Capacity expansion of water treatment facilities, Ph.D. dissertation,Harvard University,Cambridge, Massachusetts,1966. |
| Библиографическая ссылка | Nemhauser, George L., Introduction to Dynamic Programming, John Wiley, New York, 1966. |
| Библиографическая ссылка | Scarato, Russell F., Time‐capacity expansion of urban water systems, Water Resour. Res., 55, 929–936, 1969. |
