WorldCat Identities

Sødal, Sigbjørn

Works: 5 works in 23 publications in 2 languages and 122 library holdings
Roles: Editor, Author
Classifications: H62.5.U5, 330
Publication Timeline
Most widely held works by Sigbjørn Sødal
A markup interpretation of optimal rules for irreversible investment by Avinash K Dixit( )

17 editions published in 1997 in English and held by 111 WorldCat member libraries worldwide

We re-examine the basic investment problem of deciding when to incur a sunk cost to obtain a stochastically fluctuating benefit. The optimal investment rule satisfies a trade-off between a larger versus a later net benefit; we show that this trade-off is closely analogous to the standard trade-off for the pricing decision of a firm that faces a downward sloping demand curve. We reinterpret the optimal investment rule as a markup formula involving an elasticity that has exactly the same form as the formula for a firm's optimal markup of price over marginal cost. This is illustrated with several examples
European maritime clusters : global trends, theoretical framework, the cases of Norway and the Netherlands, policy recommendations by N Wijnolst( Book )

3 editions published in 2003 in English and held by 8 WorldCat member libraries worldwide

Økonomi og tid. 18 essays i Pufendorf-tradisjon : festskrift til professor Arild Sæther på 70-årsdagen, 8. august 2010( Book )

1 edition published in 2010 in Norwegian and held by 1 WorldCat member library worldwide

Are spot freight rates stationary? by Steen Koekebakker( )

1 edition published in 2006 in English and held by 1 WorldCat member library worldwide

A markup interpretation of optimal investment rules by Avinash K Dixit( )

1 edition published in 1999 in English and held by 1 WorldCat member library worldwide

Audience Level
Audience Level
  Kids General Special  
Audience level: 0.69 (from 0.68 for A markup i ... to 0.99 for A markup i ...)

Alternative Names
Sødal, S.

Sødal, Sigbjørn Reidar.