The mix and scale of factors with irreversibility and fixed costs of investment

When factors of production can be adjusted costlessly, the mix of factors can be considered separately from their scale. We examine factor choice and utilization when investment is irreversible and subject to a fixed cost, so that the capital stock is a quasi-fixed factor that is adjusted infrequent...

Ausführliche Beschreibung

Bibliographische Detailangaben

Hauptverfasser:	Abel, Andrew B. (VerfasserIn), Eberly, Janice C. (VerfasserIn)
Format:	Buch
Sprache:	English
Veröffentlicht:	Cambridge, Mass. 1997
Schriftenreihe:	National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 6148
Schlagworte:	Mathematisches Modell Investments > Mathematical models Overhead costs > Mathematical models
Online-Zugang:	kostenfrei
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