Effects of endogenous depreciation on the optimal timing of technology adoption
buir.advisor | Sağlam, Hüseyin Çağrı | |
dc.contributor.author | Karaşahin, Ramazan | |
dc.date.accessioned | 2016-07-01T11:07:41Z | |
dc.date.available | 2016-07-01T11:07:41Z | |
dc.date.issued | 2006 | |
dc.description | Cataloged from PDF version of article. | en_US |
dc.description.abstract | In this thesis, we use two stage optimal control techniques to analyze optimal timing of technology adoption under embodied technical change taking into account the endogenous nature of depreciation. We show that a more efficient maintenance service reducing the depreciation rate postpones the optimal timing of technology adoption. In this respect, we study to what extent can maintenance of the existing capital stock be a substitute for adoption of new technologies. | en_US |
dc.description.provenance | Made available in DSpace on 2016-07-01T11:07:41Z (GMT). No. of bitstreams: 1 0003167.pdf: 284970 bytes, checksum: c52e1d5555546c5d4c5b078044aad66d (MD5) Previous issue date: 2006 | en |
dc.description.statementofresponsibility | Karaşahin, Ramazan | en_US |
dc.format.extent | vii, 32 leaves | en_US |
dc.identifier.itemid | BILKUTUPB100142 | |
dc.identifier.uri | http://hdl.handle.net/11693/29877 | |
dc.language.iso | English | en_US |
dc.rights | info:eu-repo/semantics/openAccess | en_US |
dc.subject | Technology adoption | en_US |
dc.subject | Two stage optimal control | en_US |
dc.subject | Maintenance | en_US |
dc.subject | Investment | en_US |
dc.subject.lcc | QA402.3 .K38 2006 | en_US |
dc.subject.lcsh | Control theory. | en_US |
dc.title | Effects of endogenous depreciation on the optimal timing of technology adoption | en_US |
dc.type | Thesis | en_US |
thesis.degree.discipline | Economics | |
thesis.degree.grantor | Bilkent University | |
thesis.degree.level | Master's | |
thesis.degree.name | MA (Master of Arts) |
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