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Description:: In chapter 1, we study the investment behavior of firms faced with uncertainty, irreversibility and non-convex adjustment costs when output can be stored. A discrete-time dynamic optimization problem is solved numerically using neural networks to study the investment problem. Our numerical results suggest that whether or not firms can store...
Keyword:: Commodity prices, Storage, Disclosure, Convenience yield, Investment, and Irreversibility
Subject:: Finance
Creator:: Caroline-Anne Sasseville
Owner:: Scholarly Digital Publishing
Date Uploaded:: 08/14/2018
Date Modified:: 08/14/2018
Date Created:: 2007-07-09
Resource Type:: Dissertation

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