Risk Aversion and Technology Portfolios
نویسندگان
چکیده
منابع مشابه
Risk Aversion, Information Acquisition, and Technology Adoption
We use a dynamic programming model to study the impacts of risk aversion on information acquisition in technology adoption decisions. In this model, the benefit of the technology is uncertain and, in each period, the decision maker (DM) may adopt the technology, reject the technology, or pay to acquire a signal about the benefit of the technology. The dynamic programming state variables are the...
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ژورنال
عنوان ژورنال: Review of Industrial Organization
سال: 2014
ISSN: 0889-938X,1573-7160
DOI: 10.1007/s11151-014-9420-5