A theory of production, investment and disinvestment

Alan E. Baquet

No 291643, WAEA/ WFEA Conference Archive (1929-1995) from Western Agricultural Economics Association

Abstract: Changes in a farm's economic environment often times necessitates changes in the combination of durable assets owned by the firm. A model which links durable asset acquisition and disposal decisions to production decisions is presented. The model allows for variable service extraction rates. The optimal economic lifetime for the durable is also determined internally.

Keywords: Financial Economics; Production Economics (search for similar items in EconPapers)
Pages: 11
Date: 1980-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:waeaar:291643

DOI: 10.22004/ag.econ.291643

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