Investment under Uncertainty: Testing the Options Model with Professional Traders
收藏NBER2010-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16038
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资源简介：
An important class of investment decisions is characterized by unrecoverable sunk costs, resolution of uncertainty through time, and the ability to invest in the future as an alternative to investing today. The options model provides guidance in such settings, including an investment decision rule
提供机构：
美国国家经济研究局
创建时间：
2010-05-01
