Irreversibility, sunk costs and investment under incomplete information

Despite its importance to economic growth, the investment behavior of firms remains poorly understood. Existing models ignore irreversibility and the opportunity to wait for new information. Even if some recent literature accounts for these two characteristics, these models ignore information costs....

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	R & D management 2001-04, Vol.31 (2), p.115-126
1. Verfasser:	Bellalah, Mondher
Format:	Artikel
Sprache:	eng
Schlagworte:	Cash flow Decision making Economic models Investment Simulation Studies
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!