Corporate investment decisions with switch flexibility, constraints, and path-dependency
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DOI: 10.1007/s11156-023-01234-4
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More about this item
Keywords
Real options; Multistage decisions; Operating and production flexibility; Stochastic salvage; Switching costs;All these keywords.
JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
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