Entry-exit decisions with output reduction during exit periods
In practice, a firm usually reduces the output of a project during exiting the project. We intend to fully analyze the effects of the reduction on the entry-exit decision on the project. To this end, we first obtain the closed expressions of the optimal activating time, optimal start time of the exi...
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| Format: | Article |
| Language: | English |
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AIMS Press
2024-02-01
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| Series: | AIMS Mathematics |
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| Online Access: | https://www.aimspress.com/article/doi/10.3934/math.2024319?viewType=HTML |