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Volumn 31, Issue 5, 2007, Pages 1473-1497

Timing of investment under technological and revenue-related uncertainties

Author keywords

Irreversible investment; Optimal stopping; Real options; Technological progress; Technology adoption

Indexed keywords


EID: 33947119616     PISSN: 01651889     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jedc.2006.05.010     Document Type: Article
Times cited : (54)

References (11)
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    • Adoption of uncertain multi-stage technology projects: a real options approach
    • Alvarez L., and Stenbacka R. Adoption of uncertain multi-stage technology projects: a real options approach. Journal of Mathematical Economics 35 (2001) 71-97
    • (2001) Journal of Mathematical Economics , vol.35 , pp. 71-97
    • Alvarez, L.1    Stenbacka, R.2
  • 2
    • 0001215961 scopus 로고
    • Technological expectations and adoption of improved technology
    • Balcer Y., and Lippman S. Technological expectations and adoption of improved technology. Journal of Economic Theory 34 (1984) 292-318
    • (1984) Journal of Economic Theory , vol.34 , pp. 292-318
    • Balcer, Y.1    Lippman, S.2
  • 3
    • 84936823784 scopus 로고
    • Entry and exit decisions under uncertainty
    • Dixit A. Entry and exit decisions under uncertainty. Journal of Political Economy 97 (1989) 620-638
    • (1989) Journal of Political Economy , vol.97 , pp. 620-638
    • Dixit, A.1
  • 5
    • 0346972968 scopus 로고    scopus 로고
    • Innovations, improvements, and the optimal adoption of new technologies
    • Doraszelski U. Innovations, improvements, and the optimal adoption of new technologies. Journal of Economic Dynamics and Control 28 (2004) 1461-1480
    • (2004) Journal of Economic Dynamics and Control , vol.28 , pp. 1461-1480
    • Doraszelski, U.1
  • 7
    • 0031161157 scopus 로고    scopus 로고
    • Investment in technological innovations: an option pricing approach
    • Grenadier S., and Weiss A. Investment in technological innovations: an option pricing approach. Journal of Financial Economics 44 (1997) 397-416
    • (1997) Journal of Financial Economics , vol.44 , pp. 397-416
    • Grenadier, S.1    Weiss, A.2
  • 8
    • 33947140879 scopus 로고    scopus 로고
    • Karatzas, I., Shreve, S.E., 1998. Methods of Mathematical Finance. Applications of Mathematics, Stochastic Modelling and Applied Probability, vol. 39. Springer, New York.
  • 11
    • 0000888844 scopus 로고
    • Irreversible investment, capacity choice, and the value of the firm
    • Pindyck R. Irreversible investment, capacity choice, and the value of the firm. American Economic Review 78 (1988) 969-985
    • (1988) American Economic Review , vol.78 , pp. 969-985
    • Pindyck, R.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.