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Invest in hast...repent at leisure

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  • William Taylor

Abstract

A fundamental insight of real-options analysis is that there can be value in waiting to invest, as doing so provides the opportunity to obtain more information about investment profitability. But some researchers have pointed out that real-world phenomena may significantly reduce the advantages of waiting. William Taylor assesses this argument.

Suggested Citation

  • William Taylor, 2007. "Invest in hast...repent at leisure," Competition & Regulation Times 375803, New Zealand Institute for the Study of Competition and Regulation.
    • Handle: RePEc:vuw:vuwcrt:375803
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    File URL: https://ojs.victoria.ac.nz/crt/article/view/3758
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