Effects of endogenous depreciation on the optimal timing of technology adoption

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buir.advisorSağlam, Hüseyin Çağrı
dc.contributor.authorKaraşahin, Ramazan
dc.date.accessioned2016-07-01T11:07:41Z
dc.date.available2016-07-01T11:07:41Z
dc.date.issued2006
dc.departmentDepartment of Economicsen_US
dc.descriptionCataloged from PDF version of article.en_US
dc.description.abstractIn 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.degreeM.A.en_US
dc.description.provenanceMade available in DSpace on 2016-07-01T11:07:41Z (GMT). No. of bitstreams: 1 0003167.pdf: 284970 bytes, checksum: c52e1d5555546c5d4c5b078044aad66d (MD5) Previous issue date: 2006en
dc.description.statementofresponsibilityKaraşahin, Ramazanen_US
dc.format.extentvii, 32 leavesen_US
dc.identifier.itemidBILKUTUPB100142
dc.identifier.urihttp://hdl.handle.net/11693/29877
dc.language.isoEnglishen_US
dc.publisherBilkent Universityen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectTechnology adoptionen_US
dc.subjectTwo stage optimal controlen_US
dc.subjectMaintenanceen_US
dc.subjectInvestmenten_US
dc.subject.lccQA402.3 .K38 2006en_US
dc.subject.lcshControl theory.en_US
dc.titleEffects of endogenous depreciation on the optimal timing of technology adoptionen_US
dc.typeThesisen_US

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