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Showing 1 to 1 of 1 for “"Resource investment decision under uncertainty"”.
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Optimal Investment Strategies for Flexible Resources, Considering Pricing and Correlated Demands
We study the resource investment decision faced by a firm that offers two demand-classes (i.e., products, services), while incorporating the firm's pricing decision into the investment decision. For this purpose, we consider a monopolistic situation and model the demand curve of each demand-class …