抄録
I examine optimal investment policies when there are synergies between two investment projects, in that joint operation reduces operating costs. These synergies create interactions between two investments projects, therefore two investments decisions can't be determined separately. These interactions suggest that decisions of conglomerate firms may be rational.
本文言語 | English |
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ジャーナル | Economics Bulletin |
巻 | 7 |
号 | 5 |
出版ステータス | Published - 2007 3月 28 |
ASJC Scopus subject areas
- 経済学、計量経済学および金融学(全般)