Irreversibility, Uncertainty, and Investment
收藏NBER1990-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3307
下载链接
链接失效反馈官方服务：
资源简介：
Most investment expenditures have two important characteristics: First, they are largely irreversible; the firm cannot disinvest, so the expenditures are sunk costs. Second, they can be delayed, allowing the firm to wait for new information about prices, costs, and other market conditions before
提供机构：
美国国家经济研究局创建时间：
1990-03-01
