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Investment under uncertainty and policy change

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Publication:956425
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DOI10.1016/J.JEDC.2004.07.002zbMath1198.91226OpenAlexW1594631925MaRDI QIDQ956425

Grzegorz Pawlina, Peter M. Kort

Publication date: 25 November 2008

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

Full work available at URL: https://eprints.lancs.ac.uk/id/eprint/43907/1/jedc2005.pdf


zbMATH Keywords

real optionsinvestment under uncertaintypolicy change


Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Economics of information (91B44) Corporate finance (dividends, real options, etc.) (91G50)


Related Items (6)

Finite project life and uncertainty effects on investment ⋮ Model-free analysis of real option exercise probability and timing ⋮ Green investment under time-dependent subsidy retraction risk ⋮ Strategic real options under asymmetric information ⋮ Green electricity investments: environmental target and the optimal subsidy ⋮ Regime uncertainty and optimal investment timing




Cites Work

  • Real options and preemption under incomplete information
  • Unnamed Item
  • Unnamed Item




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