Irreversible investments and ambiguity aversion
Real option valuation has traditionally been concerned with investment under project value uncertainty while assuming that the agent has perfect confidence in a specific model. However, agents do not generally have perfect confidence in their model and this ambiguity may affect their decisions. In a...
Κύριοι συγγραφείς: | Cartea, Á, Jaimungal, S |
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Μορφή: | Journal article |
Έκδοση: |
World Scientific Publishing
2017
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Παρόμοια τεκμήρια
Παρόμοια τεκμήρια
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