Entry and exit decisions based on a discount factor approach

DOI10.1016/j.jedc.2005.06.011zbMath1162.91385OpenAlexW2065828325MaRDI QIDQ959657

Sigbjørn Sødal

Publication date: 12 December 2008

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2005.06.011

zbMATH Keywords

optionsuncertaintyswitchinginvestment

Mathematics Subject Classification ID

Applications of stochastic analysis (to PDEs, etc.) (60H30) Stochastic partial differential equations (aspects of stochastic analysis) (60H15)

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Cites Work

• Unnamed Item
• A model of sequential investment
• Investment Under Uncertainty with Stochastically Switching Profit Streams: Entry and Exit over the Business Cycle.
• Optimal Switching in an Economic Activity under Uncertainty
• Optimal Investment with Costly Reversibility
• The impact of delivery lags on irreversible investment under uncertainty
• Time-to-build and capacity choice

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