The net present value method versus the option value of waiting: A note on Farzin, Huisman and Kort (1998)
From MaRDI portal
Publication:5941004
DOI10.1016/S0165-1889(00)00023-3zbMath0983.91036OpenAlexW2023342782MaRDI QIDQ5941004
Publication date: 20 August 2001
Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/s0165-1889(00)00023-3
Related Items (10)
Search and the introduction of improved technologies ⋮ How to escape a declining market: capacity investment or exit? ⋮ The effects of the market structure on the adoption of evolving technologies ⋮ Innovations, improvements, and the optimal adoption of new technologies ⋮ Repeated real options: optimal investment behaviour and a good rule of thumb ⋮ Strategic technology switching under risk aversion and uncertainty ⋮ Quasi-analytical solution of an investment problem with decreasing investment cost due to technological innovations ⋮ Optimal regime switching under risk aversion and uncertainty ⋮ Endogenous growth model with Bayesian learning and technology selection ⋮ When is it better to wait for a new version? Optimal replacement of an emerging technology under uncertainty
Cites Work
This page was built for publication: The net present value method versus the option value of waiting: A note on Farzin, Huisman and Kort (1998)