|PDF:||Author(s):||Matveev R. I.,|
|Number of journal:||2(15)||Date:||May 2011|
The model of the process of real investments under conditions of stochastic changes of demand and prices for the products and random changes of investment policy has been developed; investment solutions with regards to peculiarities of technological process and equipment depreciation intensity have been optimized. It has been demonstrated that under conditions of perfect competition in the branch the optimal volume of investments is increasing together with the growth of demand volatility to the products; and under conditions of oligopolistic competition it is reduced with the increase of demand volatility. Parameters of production technology and commodity market have been determined, at which the volumes of optimal investments do not depend on the demand random fluctuations.
modeling, investments, demand, investment policy, optimization, production technology, depreciation intensity, competition, demand volatility, commodity market