A Note to the Problem of Convergence of Periodic Reinvestments

Published Online:https://doi.org/10.1287/mnsc.16.3.187

The purpose of this paper is to show the mathematical treatment of the problem of periodic reinvestments by an amount equal to depreciation different from one which was given in [3]. It enables us to obtain further results concerning the convergence of the above mentioned process and in the simplest case (n = 2) to discuss the optimal choice of depreciation vector.

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