The new option view of investment
This paper provides a simple introduction to the new option view of investment. We explain the shortcomings of the orthodox theory, and then outline the basic ideas behind the option framework. Several industry examples are briefly discussed.
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Working Paper |
| Published: |
MIT Center for Energy and Environmental Policy Research
2009
|
| Online Access: | http://hdl.handle.net/1721.1/50180 |
| _version_ | 1826194537549135872 |
|---|---|
| author | Dixit, Avinash K. Pindyck, Robert S. |
| author2 | Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research. |
| author_facet | Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research. Dixit, Avinash K. Pindyck, Robert S. |
| author_sort | Dixit, Avinash K. |
| collection | MIT |
| description | This paper provides a simple introduction to the new option view of investment. We explain the shortcomings of the orthodox theory, and then outline the basic ideas behind the option framework. Several industry examples are briefly discussed. |
| first_indexed | 2024-09-23T09:57:37Z |
| format | Working Paper |
| id | mit-1721.1/50180 |
| institution | Massachusetts Institute of Technology |
| last_indexed | 2024-09-23T09:57:37Z |
| publishDate | 2009 |
| publisher | MIT Center for Energy and Environmental Policy Research |
| record_format | dspace |
| spelling | mit-1721.1/501802019-04-12T23:31:06Z The new option view of investment Dixit, Avinash K. Pindyck, Robert S. Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research. This paper provides a simple introduction to the new option view of investment. We explain the shortcomings of the orthodox theory, and then outline the basic ideas behind the option framework. Several industry examples are briefly discussed. Supported by the MIT Center for Energy and Environmental Policy Research, and the U.S. Department of Energy. Supported by the National Science Foundation. 2009-12-15T23:57:37Z 2009-12-15T23:57:37Z 1995 Working Paper 95002 http://hdl.handle.net/1721.1/50180 35718757 MIT-CEEPR (Series) ; 95-002WP. 28 p application/pdf MIT Center for Energy and Environmental Policy Research |
| spellingShingle | Dixit, Avinash K. Pindyck, Robert S. The new option view of investment |
| title | The new option view of investment |
| title_full | The new option view of investment |
| title_fullStr | The new option view of investment |
| title_full_unstemmed | The new option view of investment |
| title_short | The new option view of investment |
| title_sort | new option view of investment |
| url | http://hdl.handle.net/1721.1/50180 |
| work_keys_str_mv | AT dixitavinashk thenewoptionviewofinvestment AT pindyckroberts thenewoptionviewofinvestment AT dixitavinashk newoptionviewofinvestment AT pindyckroberts newoptionviewofinvestment |