作者: Nick F. D. Huberts , Kuno J. M. Huisman , Peter M. Kort , Maria N. Lavrutich
DOI: 10.1007/S13235-015-0162-2
关键词: Investment (macroeconomics) 、 Microeconomics 、 Economics 、 Oligopoly 、 Time optimal 、 Value (economics) 、 Discount points 、 Competition (economics)
摘要: The theory of real options determines the optimal time to invest in a project of given size. As a main result, it is found that in a more uncertain environment, it is optimal for a firm to delay …