Investment Under Uncertainty and Time-Inconsistent Preferences
收藏NBER2006-02-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w12042
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资源简介:
The real options framework has been used extensively to analyze the timing of investment under uncertainty. While standard real options models assume that agents possess a constant rate of time preference, there is substantial evidence that agents are very impatient about choices in the short-term,
提供机构:
美国国家经济研究局
创建时间:
2006-02-01



