Optimal Dynamic Capital Budgeting
© The Author(s) 2018. Published by Oxford University Press on behalf of The Review of Economic Studies Limited. I study optimal design of a dynamic capital allocation process in an organization in which the division manager with empire-building preferences privately observes the arrival and properti...
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| Format: | Article |
| Language: | English |
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Oxford University Press (OUP)
2021
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| Online Access: | https://hdl.handle.net/1721.1/135109 |