Investment under uncertainty and time-inconsistent preferences

Journal of Financial Economics

Volumn 84, Issue 1, 2007, Pages 2-39

  Grenadier, Steven R ^a,b   Wang, Neng ^c  

^a STANFORD UNIVERSITY   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

^c The Sanford C Bernstein Co Center for Leadership and Ethics   (United States)

Author keywords

Hyperbolic discounting; Irreversible investment; Real options; Time inconsistency

Indexed keywords

EID: 33947530848     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jfineco.2006.01.002     Document Type: Article

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