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Optimal investment with bounded VaR for power utility functions
VaR power utility functions
2010/10/18
We consider the optimal investment problem for Black-Scholes type financial market with bounded VaR measure on the whole investment interval $[0,T]$. The explicit form for the optimal strategies is f...
ARE ALL SCALES OPTIMAL IN DEA? THEORY AND EMPIRICAL EVIDENCE
Optimal scale scale elasticity data envelopment analysis (DEA) frontier production functions duals
2014/6/25
Policy recommendations concerning optimal scale of production units often have serious implications for the restructuring of a sector, while tests of natural monopoly have important implications for r...