Options, the Value of Capital, and Investment
收藏NBER1995-08-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5227
下载链接
链接失效反馈官方服务:
资源简介:
Capital investment decisions must recognize the limitations on the firm's ability later to sell off or expand capacity. This paper shows how opportunities for future expansion or contraction can be valued as options, how this valuation relates to the q-theory of investment, and how these options
提供机构:
美国国家经济研究局
创建时间:
1995-08-01



