Finite project life and uncertainty effects on investment

DOI10.1016/j.jedc.2007.10.003zbMath1181.91331OpenAlexW2073304255MaRDI QIDQ844709

Sebastian Gryglewicz, Peter M. Kort, Kuno J. M. Huisman

Publication date: 19 January 2010

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://research.tilburguniversity.edu/en/publications/55153914-7cb5-4afc-8364-182179d99559

zbMATH Keywords

uncertaintyinvestmentfinite project length

Mathematics Subject Classification ID

Corporate finance (dividends, real options, etc.) (91G50)

Related Items (10)

Dynamic investment and capital structure under manager-shareholder conflict ⋮ On the firm's option values of short-time work policies ⋮ The worst case for real options ⋮ Optimal R\&D investment for a risk-averse entrepreneur ⋮ Excessive risk taking and the maturity structure of debt ⋮ The interaction of debt financing, cash grants and the optimal investment policy under uncertainty ⋮ REAL OPTION SIGNALING GAMES OF DEBT FINANCING USING EQUITY GUARANTEE SWAPS UNDER ASYMMETRIC INFORMATION ⋮ Re-evaluating natural resource investments under uncertainty: an alternative to limited traditional approaches ⋮ Incomplete markets, ambiguity, and irreversible investment ⋮ Investment timing, asymmetric information, and audit structure: a real options framework

Cites Work

• Unnamed Item
• Investment under alternative return assumptions
• Investment timing and learning externalities
• A generalized complementarity approach to solving real option problems
• Cost uncertainty and the rate of investment
• The effect of mean reversion on investment under uncertainty
• Investment under uncertainty: calculating the value function when the Bellman equation cannot be solved analytically
• Investment under uncertainty and policy change
• The effect of uncertainty on investment timing in a real options model
• On the investment-uncertainty relationship in a real options model
• Irreversible investment with regime shifts
• The effects of information on strategic investment and welfare
• Uncertainty, Investment, and Industry Evolution
• An Intertemporal Capital Asset Pricing Model
• A valuation model for firms with stochastic earnings
• Option pricing when underlying stock returns are discontinuous

This page was built for publication: Finite project life and uncertainty effects on investment