Title :
The emergence of complex behavior in a regulated monopoly
Author :
Hanson, K. ; Schaeffer, P.
Author_Institution :
University of Southern California, Los Angeles, California
Abstract :
The complex dynamics of firm investment and finance decisions is the subject matter of this paper. A recursive linear programming model is used to describe firm behavior. The interrelationship of investment and finance decisions is discussed in context of phase switching and dynamics within a phase.
Keywords :
Cost function; Demand forecasting; Economic forecasting; Environmental economics; Feedback control; Finance; Investments; Linear programming; Monopoly; Pricing;
Conference_Titel :
Decision and Control including the Symposium on Adaptive Processes, 1981 20th IEEE Conference on
Conference_Location :
San Diego, CA, USA
DOI :
10.1109/CDC.1981.269468