Investment under uncertainty

Auteur :
Dixit, Robert K. / Pindyck, Robert S.
Éditeur :
Princeton University Press
ISBN :
9780691034102
Date de publication :
30 janv. 1994
Dimensions :
23,5 x 15,2 cm
Poids :
851 g
Format :
B315
Langue :
Anglais
Pays d'origine :
USA
How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? This book provides an exposition of a theoretical approach to the capital investment decisions of firms, stressing the irreversibility of most investment decisions.